KuCoin Accused of $9 Billion Money Laundering Scheme, Spot Bitcoin ETFs Get Renewed Interest, Decade-Old Bitcoin Wallet Active

KuCoin Accused of $9 Billion Money Laundering Scheme and Violating U.S. Financial Laws The Department of Justice (DOJ) has charged cryptocurrency exchange KuCoin and its founders, Chun Gan and Ke Tang, with violating anti-money laundering (AML) laws, including operating an unlicensed money-transmitting business and breaching the Bank Secrecy Act. The indictment highlights KuCoin’s failure to […]

Bitcoin price dips hard, Future of Ether ETFs in Doubt, Trezor X account hacked

Bitcoin price dips 17,5% The Bitcoin (BTC) price experienced a dip of 17.5% from its all-time highs, with recent losses bottoming at $60,760. This downturn coincides with notable outflows from U.S. spot Bitcoin ETFs and anticipation around the Federal Reserve’s interest rate decision. Market observers are closely watching for any changes in rates or guidance […]