US Government Loses  Million As Crypto Wallets Fall Victim To Major Hack

US Government Loses $20 Million As Crypto Wallets Fall Victim To Major Hack

Source: Bitcoinist A crypto wallet owned by the US government might have been compromised and infiltrated by hackers, raising concerns about the security measures being implemented by the government on digital assets. The hacking incident could be a tell-tale sign of a lenient cybersecurity practice in handling government-controlled cryptocurrencies. It might indicate the need for…

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Tether In The Hot Seat: US Federal Inquiry Into Potential Sanctions And AML Violations | TheSpuzz

Tether In The Hot Seat: US Federal Inquiry Into Potential Sanctions And AML Violations | TheSpuzz

Source: Bitcoinist Cryptocurrency company Tether is currently under federal investigation for possible sanctions and anti-money laundering (AML) violations, according to the Wall Street Journal.  The criminal inquiry, led by prosecutors from the Manhattan US Attorney’s Office, is examining whether Tether’s stablecoin USDT has been utilized by third parties to fund illicit activities, including drug trafficking,…

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