USA | ForkLog - Part 40

ForkLog 38 16.01.2025

US Justice Department fines BitMEX $100m for Bank Secrecy Act breaches

HDR Global Trading Limited, the operator of the BitMEX crypto-derivatives exchange, was fined $100m in the United States for violating the Bank Secrecy Act. Global cryptocurrency exchange BitMEX fined $100 million for violating Bank Secrecy Acthttps://t.co/eU2zem7JRP — US Attorney SDNY (@SDNYnews) January 15, 2025 The company behind the platform deliberately failed to develop and implement […]

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ForkLog 61 15.01.2025

SEC sues Elon Musk over late disclosure of Twitter stake

On January 14, the SEC filed suit against Elon Musk, accusing him of failing to disclose on time his beneficial ownership in Twitter (X). The regulator says the billionaire began buying the social network’s stock in early 2022 and, by March 14 that year, held more than 5% of the outstanding shares. He was required […]

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ForkLog 20 14.01.2025

TON to expand its US operations

The TON Foundation, the organisation behind the TON blockchain, has elected a new president and announced a “strategic course” to expand operations in the United States. TON Foundation welcomes @ManuelStotz as its new President, focusing on expanding operations in the US. ? With a strong background in global investment and blockchain, Manuel is well-positioned to […]

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ForkLog 12 14.01.2025

Biden to sign executive order to bolster power supply for AI data centres

US President Joe Biden will sign an executive order providing federal support to meet the substantial energy needs of data centres that power artificial intelligence, the White House said, according to Reuters. The measure envisages leasing federal facilities owned by the Departments of Defense and Energy to host data centres and new clean-energy projects. The […]

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ForkLog 17 13.01.2025

America tightens curbs on chip imports

President Joe Biden’s administration has introduced new restrictions on imports of US-designed computer chips in a bid to prevent other countries from accessing cutting-edge technology, CNN Business reported. US Commerce Secretary Gina Raimondo said the rules are intended to safeguard advanced AI systems and ensure their distribution only among allied nations. The curbs introduce mandatory […]

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ForkLog 29 13.01.2025

Trump weighs crypto advisory council of “two dozen” CEOs, Bloomberg reports

Donald Trump’s administration is considering candidates for a cryptocurrency advisory council drawn from the chief executives of key industry firms, Bloomberg reports, citing anonymous sources. The council is expected to begin work after Trump’s inauguration in late January. It would include “two dozen” selected industry representatives, who could influence administration decisions and help lawmakers develop […]

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ForkLog 33 13.01.2025

QCP sees a bitcoin tailwind in U.S. macro trends

The week ahead could rekindle interest in cryptocurrencies as an inflation hedge, according to QCP Capital. Asia Color — 13 Jan 25 1/ The U.S. economy is heating up. Friday’s NFP print smashed expectations at 256k (vs. 164k forecast), crushing hopes of imminent rate cuts and sending equities tumbling. Adding to inflation fears are potential […]

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ForkLog 24 13.01.2025

New York attorney-general to serve suspected crypto fraudsters with NFTs

As part of a fraud probe, New York attorney-general Letitia James will send suspected offenders notice of the proceedings in the form of an NFT. According to investigators, from January to June 2024 a group of scammers sent US residents messages offering remote jobs on behalf of real companies. The “work” consisted of writing online […]

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ForkLog 27 11.01.2025

Wolf Capital co-founder pleads guilty to $9.4m crypto scam

Wolf Capital investment firm co-founder Travis Ford pleaded guilty to creating a fraudulent scheme that harmed 2,800 investors. According to investigators, he stole $9.4 million by promising clients extraordinarily high returns.

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ForkLog 13 10.01.2025

US indicts operators of Blender and Sinbad crypto mixers

A grand jury in the Northern District of Georgia returned indictments against three Russian nationals involved in operating the cryptocurrency mixers Blender.io and Sinbad.io. Roman Ostapenko, Alexander Oleinik and Anton Tarasov are charged with conspiracy to launder money and operating an unlicensed money-transmitting business. Authorities allege both mixers were used by criminals worldwide to launder […]

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ForkLog 21 10.01.2025

Media reveal crypto firms’ donations to Donald Trump’s inauguration

After actively financing Donald Trump’s campaign, several major crypto-industry players have made sizable donations to the U.S. president-elect’s inaugural fund, Decrypt noted. Such political donations are used by private businesses to gain access to events tied to the transfer of power. They offer the chance to meet members of the incoming administration and, potentially, curry […]

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ForkLog 80 10.01.2025

CFTC seeks Coinbase customer data in Polymarket probe

Coinbase warned users that it had received a request from the CFTC for customer data, Ethereum commentator Eric Conner reported. Biden’s CFTC is subpoenaing customer info from @coinbase in their case against @Polymarket pic.twitter.com/YlCdUPwHs7 — eric.eth (@econoar) January 8, 2025 According to the exchange, the Commission issued a formal demand to disclose “general information” on […]

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