The U.S. Department of Justice has seized 127,271 bitcoins valued at about $15 billion in a landmark forfeiture case linked to global crypto scams, fraud, and organized crime. The case targets Cambodian national Chen Zhi and his conglomerate, Prince Holding Group, accused of wire fraud and money laundering. This action is part of broader FBI and DOJ efforts, including Operation Blackout, to dismantle scam compounds across Asia and beyond, involving cooperation with tech firms like Starlink. The crackdown aims to protect victims and disrupt transnational criminal networks exploiting cryptocurrency fraud.
Atlas Salt Inc. announced a $10 million bought deal financing agreement with Ventum Financial Corp. and Raymond James Ltd. to sell 8.33 million shares at $1.20 each, with an option to sell an additional 15%. The funds will support site preparation, e...
Leading cryptocurrencies like Bitcoin, Ethereum, XRP, and Dogecoin showed little movement as President Trump expressed no urgency to finalize an Iran deal, keeping market sentiment cautious. Bitcoin fluctuated between $73,300 and $74,300, with analys...
Artificial Superintelligence Alliance (FET) saw a strong 15.97% price rally alongside a 42.16% increase in trading volume and an 18.55% rise in Open Interest, signaling renewed market participation and confidence. The token reclaimed key support at $...
China's manufacturing activity expanded in May with the private sector PMI at 51.8, slightly above expectations but down from April's 52.2, indicating slower growth. The official manufacturing PMI fell to 50, signaling subdued sector growth alongside...
Topicus.com Inc., through its subsidiary TSS Europe B.V., has submitted a revised non-binding proposal to acquire ReadyTech Holdings Limited. The offer includes a scheme of arrangement at A$2.00 per share or an alternative off-market takeover bid at ...
