USA | ForkLog - Part 40

ForkLog 28 25.02.2025

US Authorities Seize $31 Million in Crypto Linked to Uranium Finance Hack

The Southern District of New York’s Attorney’s Office has seized cryptocurrencies worth approximately $31 million. These assets are connected to the April 2021 hack of Uranium Finance. SDNY and @HSISanDiego seize cryptocurrency worth approximately $31 million related to April 2021 hack of Uranium Finance. If you believe you have been a victim of this hack, […]

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ForkLog 46 25.02.2025

OKX to Pay Over $504 Million in U.S. Justice Department Settlement

Aux Cayes FinTech Co, the operator of the bitcoin exchange OKX since 2017, has admitted to operating an unlicensed money transmission business in the United States. OKX pleads guilty to violating U.S. anti-money laundering laws and agrees to pay penalties totaling more than $500 millionhttps://t.co/8rr5e74qrG — US Attorney SDNY (@SDNYnews) February 24, 2025 Under the […]

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ForkLog 22 24.02.2025

Apple to Establish AI Server Manufacturing Plant in the US

By 2026, Apple plans to launch a factory in Houston, Texas, dedicated to the production of AI servers, creating 20,000 research and development jobs in the United States. As a proud American company, we’re thrilled to continue to make significant investments in the US. Today, we’re announcing a $500 billion commitment to support American innovation, […]

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ForkLog 10 24.02.2025

Montana House Rejects Bitcoin Reserve Bill

The Montana House of Representatives voted 59-41 against a bill to establish a Strategic Bitcoin Reserve (SBR) during its second reading. ? MONTANA Update: Bitcoin Reserve bill HB 429 failed to pass a second reading in the Montana House. It is now effectively dead. The vote was 41 — 59. It was largely partisan, but […]

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ForkLog 37 24.02.2025

Montana House Rejects Bitcoin Reserve Bill

The Montana House of Representatives voted 59-41 against the bill to establish a Strategic Bitcoin Reserve (SBR) during its second reading. ? MONTANA Update: Bitcoin Reserve bill HB 429 failed to pass a second reading in the Montana House. It is now effectively dead. The vote was 41 — 59. It was largely partisan, but […]

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ForkLog 77 21.02.2025

SEC Commissioners to Vote on Dismissing Case Against Coinbase

Staff at the SEC have agreed to drop the lawsuit against Coinbase, pending approval from the agency’s commissioners. This was announced by the co-founder and CEO of the exchange, Brian Armstrong. SEC staff have agreed to dismiss their case against us (pending Commission approval).But this isn’t the end.It’s the beginning.And if there were ever a […]

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ForkLog 35 21.02.2025

SafeMoon CTO Admits Guilt in $200 Million Crypto Fraud

Thomas Smith, the Chief Technology Officer of the DeFi project SafeMoon, has admitted guilt on two counts in a $200 million cryptocurrency fraud case. This was reported by Cointelegraph, citing a court statement from February 20. Smith changed his previous testimony and pleaded guilty to conspiracy to commit securities fraud and wire fraud. Each charge […]

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ForkLog 14 21.02.2025

SEC Restructures Cryptocurrency Division

The SEC has established a Cybersecurity and Emerging Technologies Unit (CETU) to combat cybercrime and protect retail investors from fraud in the realm of new technologies. This new structure replaces the division for crypto assets and cybersecurity. It is headed by Laura D’Allaird and comprises approximately 30 specialists. “Under Laura’s leadership, this new unit will […]

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ForkLog 26 20.02.2025

SEC Eases Stance on Cryptocurrency and DeFi Regulation

On February 19, the SEC filed a motion to withdraw its appeal against a ruling that limits the application of securities laws to cryptocurrency users and DeFi services. 1/ Today marks a complete victory for us – and the broader industry – in our lawsuit against the SEC over the dealer rule. The SEC voluntarily […]

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ForkLog 31 19.02.2025

Binance.US Resumes USD Operations

After nearly 18 months of restrictions, the American exchange Binance.US has reinstated deposits and withdrawals in US dollars. This was announced in the company’s blog. Users can once again deposit and withdraw US dollars using bank accounts, purchase cryptocurrency via the ACH system, and trade in USD pairs. Full access to the service will be […]

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ForkLog 53 19.02.2025

Sanctioned Entities Received $15.8 Billion via Cryptocurrencies in 2024

In 2024, jurisdictions and entities on the OFAC sanctions list received $15.8 billion through cryptocurrency transactions—about 39% of all illicit activity. These figures were reported by experts from Chainalysis. State Involvement in Illegal Transactions According to analysts, a record 60% of illegal crypto transactions in 2024 were attributed to sanctioned jurisdictions rather than individuals or […]

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ForkLog 53 19.02.2025

Cryptocurrency Advocate Howard Lutnick Appointed as US Commerce Secretary

The US Senate has confirmed Howard Lutnick as the Secretary of Commerce, reports FoxNews. Previously, he served as CEO of Cantor Fitzgerald (a custodian of collateral and an active supporter of Tether) but left the position upon his appointment. According to media reports, Lutnick is one of the wealthiest individuals to have ever worked in […]

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