Acum 11 h
Russia's daily cryptocurrency turnover hits 50 billion rubles as regulation bill approaches March submission
Deputy Finance Minister Ivan Chebeskov estimates that Russia's daily cryptocurrency transaction volume has reached roughly 50 billion rubles, with millions of citizens involved and usage steadily rising. A draft law to regulate this activity is expected to be finalized within weeks and submitted to the State Duma in March, with authorities aiming for adoption during the spring session so market participants can prepare for licensing and compliance.
Acum 11 h
Acum 12 h
Binance France chief David Princay targeted in failed Feb. 12 home invasions as three suspects arrested
On the morning of Feb. 12, Binance France head David Princay was reportedly the target of two failed home invasions in Val-de-Marne and Vaucresson, during which three masked suspects allegedly stole two mobile phones. Police later traced the devices and used surveillance footage to locate the trio on a train to Lyon, where they were arrested at Lyon Perrache station and placed in custody. The incidents come amid a broader rise in France in so-called wrench attacks involving physical coercion to access crypto assets.
BNB
BNB+1.60%
Acum 12 h
Acum 13 h
Chainalysis flags 85% jump in 2025 crypto flows tied to suspected human trafficking
In 2025, cryptocurrency transfers linked to suspected human trafficking activities increased by 85%, with total flows reaching several hundred million dollars. According to blockchain analytics from Chainalysis, the funds moved through international escort services, scam-related labor recruitment channels, and sellers of child sexual abuse material, raising fresh concerns about illicit crypto use.
Acum 13 h
Acum 14 h
PGI chief Ramil Palafox sentenced to 20-year prison term over $200M Bitcoin Ponzi scheme
In Virginia, a federal court sentenced Praetorian Group International chief executive Ramil Ventura Palafox, 61, to 20 years in prison for operating a Bitcoin-based Ponzi scheme that raised over $200 million from investors between December 2019 and October 2021. Prosecutors said the operation took in more than 8,198 BTC and over $201 million in total, caused at least $62.7 million in losses, and falsely promised daily returns of up to 3%.
BTC
BTC+3.69%
Acum 14 h