Latest Cryptocurrency News
A courtroom of relief: FBI recovers funds for victims of scammed banker
WICHITA, KANSAS (AP) — Sobs of relief broke out in a federal courtroom in Kansas on Monday as dozens of people whose life savings had been embezzled by a bank CEO learned that federal law enforcement had recovered their money. "I just can’t describe the weight lifted off of...
Nigeria releases American crypto executive after dropping money laundering case
WASHINGTON (AP) — An American cryptocurrency executive held in Nigeria for the past eight months has been released after authorities there announced they were ending his money laundering trial on health and diplomatic grounds. Tigran Gambaryan, Binance’s head of financial crime...
Trump plans to launch his sons' crypto business on Monday, 50 days before Election Day
WASHINGTON (AP) — Former President Donald Trump plans to deliver remarks next Monday about cryptocurrency and the launch of the company World Liberty Financial, a crypto platform controlled by the Republican nominee's sons Donald Jr. and Eric. His speech will come 50 days before...
Americans lost $5.6 billion last year in cryptocurrency fraud scams, the FBI says
WASHINGTON (AP) — Americans were duped out of more than $5.6 billion last year through fraud schemes involving cryptocurrency, the FBI said in a report released Monday that shows a 45% jump in losses from 2022. The FBI received nearly 70,000 complaints in 2023 by victims of...
Trump's new crypto business could create more conflicts if he's elected president
WASHINGTON (AP) — Donald Trump is promising to make America the “crypto capital of the planet” if he returns to the White House. Fulfilling that promise would likely pay off for him personally. Amidst his run for president, Trump has launched a new venture to trade...
Bibles, cryptocurrency, Truth Social and gold bars: A look at Trump's reported sources of income
Former President Donald Trump owns more than $1 million worth of cryptocurrency and up to $250,000 in gold bars along with the portfolio of golf courses and real estate properties that have made him a billionaire, according to newly released financial disclosures. The details come...
Hut 8: Q2 Earnings Snapshot
TORONTO (AP) — TORONTO (AP) — Hut 8 Corp. (HUT) on Tuesday reported a loss of $71.9 million in its second quarter. The Toronto-based company said it had a loss of 78 cents per share. Earnings, adjusted for non-recurring costs, came to 2 cents per share. The crypto...
