Author: Jose Oramas

The US Securities and Exchange Commission (SEC) has announced the establishment of a new division, called the Cyber and Emerging Technologies Unit (CETU), with the aim of boosting the agency’s enforcement efforts in areas like blockchain, artificial intelligence (AI), and cybersecurity.  Headed by US attorney and SEC Commissioner Laura D’Allaird…

Indian authorities have confiscated nearly US$190M (AU$299M) in cryptocurrency as part of an ongoing investigation into Bitconnect, a global Ponzi scheme that collapsed in 2018.  The Enforcement Directorate (ED) in Ahmedabad reported the seizure, stating that the funds were linked to a fraudulent investment scheme that misled thousands of investors: Related: Trump-Backed DeFi to Boost

Telegram founder Pavel Durov’s criminal case in France will be suspended for a year. Maylis de Roeck, a spokesperson for the French prosecutor’s office, told WIRED that discussions about a potential settlement agreement are “premature” despite more than five months since Durov’s arrest in Paris. As Durov’s trial won’t begin for another year…

Wallets associated with Ross Ulbricht, the recently pardoned founder of Silk Road, lost US$12M (AU$19M) while attempting to provide liquidity on Raydium, according to blockchain analytics firm Arkham Intelligence. The token, ROSS, reportedly created by supporters to mark his release from prison on January 21, was created on Pump.fun…

Investment bank JPMorgan says Solana (SOL) and XRP (XRP) exchange-traded funds (ETFs) could attract nearly US$14B (AU$22B) in inflows if approved, mirroring Bitcoin (BTC) ETFs. As per a Bloomberg report, the analysts based their expectations on a more innovation-friendly regulatory environment under the incoming administration of President-elect Donald Trump…