U.S. Treasury Crackdown Exposes Karen National Army’s $3.5B ‘Pig-Butchering’ Crypto Scam Empire

U.S. Treasury has sanctioned the Karen National Army, listing it as a transnational criminal organisation and blocking assets of commander Saw Chit Thu and his sons after probes linked the militia to “pig-butchering” crypto scams, forced labour and trafficking networks that have drained billions.
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Is Donald Trump Cashing In on $TRUMP? President Denies Profit as Ethics Heat Up

Donald Trump has told NBC he has not profited from $TRUMP, the memecoin launched before his inauguration. He is set to host a gala for its 220 top holders, spurring Senators Warren and Schiff to seek an ethics inquiry, while his USD1 stablecoin venture readies its first settlement.
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KuCoin BTC Reserves Collapse 77% as 14k Coins Flee, Liquidity Squeeze Looms

KuCoin BTC reserves have contracted 77 % since June 2023, sliding from 18,300 to 4,100 BTC after the exchange enforced mandatory KYC. On-chain data indicate privacy-focused users have withdrawn funds to dodge new checks, exposing the balance exchanges face between compliance and user retention.
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House Financial Services Committee Member Maxine Waters Will Object To Crypto Hearing

Ranking Member of the House Financial Services Committee Maxine Waters (D-MO) is slated to object to a joint crypto hearing scheduled for Tuesday, Politico reported on Monday.Maxine Waters Hones In On Trump Crypto Connections Hosted alongside the House Agriculture panel and titled American Innovation and the Future of Digital Assets: A Blueprint for the 21st […]
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