Founder of cryptocurrency lending platform Celsius Network arrested Thursday, July 13 by ABC News(NEW YORK) -- The founder of cryptocurrency lending platform Celsius Network was arrested Thursday on federal charges.Alexander Mashinsky founded Celsius in 2018 and positioned it as a stable, safe alternative to traditional financial institutions that would provide investors who held crypto assets financial freedom... Read More.
Experts call cryptocurrency a ‘bystander’ in SVB, Signature Bank collapses Wednesday, March 15 by ABC News(NEW YORK) -- In the wake of last year's collapse of cryptocurrency exchange FTX, the collapse this week of Silicon Valley Bank and Signature Bank -- representing the second and third largest bank failures in U.S. history -- has renewed lingering questions about what... Read More.
Federal prosecutors looking into Bannon-backed cryptocurrency $FJB, say sources Tuesday, March 14 by ABC News(NEW YORK) -- A cryptocurrency linked to former Trump White House strategist Steve Bannon and Trump adviser Boris Epshteyn has caught the attention of federal prosecutors in New York, who have started looking into it, sources familiar with the matter told ABC News.News of federal... Read More.
Massachusetts man charged after hiding cryptocurrency mining rig in school crawl space Friday, February 24 by ABC News(COHASSET, Mass.) -- A small Massachusetts town enlisted the help of the Department of Homeland Security to track down the person who illegally installed a cryptocurrency mining operation in a crawl space of a middle school.According to the Cohasset Police Department, the director of... Read More.
Internal chaos plagues Bannon-fronted $FJB cryptocurrency, critics say Thursday, February 23 by ABC News(WASHINGTON) -- When former Trump White House strategist Steve Bannon and Trump adviser Boris Epshteyn took control of a MAGA-branded cryptocurrency in December 2021, the venture seemed poised for success.A white-hot crypto market had set the stage for high returns. And in an industry... Read More.
New York City woman charged with financing terrorist groups in Syria through cryptocurrency Wednesday, February 1 by ABC News(NEW YORK) -- A New York City woman has been charged with using cryptocurrency to provide financial support to terrorist groups in Syria, a rare prosecution involving virtual currency to fund terrorism.The 11-count indictment charged Victoria Jacobs, 43, who was known as Bakhrom Talipov,... Read More.
Cryptocurrency: Why some see it as a way to financially uplift people of color Saturday, July 9 by ABC News(NEW YORK) -- The digital currencies have crashed as interest rates rise and investors seek less risky investments. Can cryptocurrency become an alternative financial system for people of color who have historically faced discriminatory banking practices? Some crypto enthusiasts of color who spoke with... Read More.
Colorado to become the first state to accept cryptocurrency as payment for taxes Thursday, February 24 by ABC News(DENVER) -- Colorado will become the first state to accept cryptocurrency as payment for state taxes and fees, Governor Jared Polis announced Wednesday.Polis said the state, which was also the earliest to use blockchain technology for government infrastructure, will take the digital coin payments... Read More.
Cryptocurrency attracting Black, Latino investors and fans Thursday, February 10 by ABC News(NEW YORK) -- Caroline Altagracia, a college student at the University of Albany, said she became interested in cryptocurrency while still in high school."It's definitely been an empowering journey," Altagracia. "I feel like when I initially was intimidated, I had to kind of get... Read More.
DOJ announces arrests in alleged $4.5 billion cryptocurrency laundering scheme Wednesday, February 9 by ABC News(WASHINGTON) -- The Justice Department on Tuesday announced the arrests of a New York couple charged with conspiring to launder cryptocurrency presently valued at $4.5 billion -- stolen during the 2016 hack of Bitfinex -- marking the "largest ever" financial seizure by the department.Ilya... Read More.
