The post US Charges Jailed Fraudster Over $290K Crypto Laundering Plot appeared on BitcoinEthereumNews.com.
US prosecutors have charged Bulgarian national Rossen Iossifov with conspiring to launder roughly $290,000 in cryptocurrency that federal authorities seized and ordered forfeited after his earlier fraud conviction. Iossifov allegedly conspired to move the funds in January 2024 while serving a federal prison sentence. He remains presumed innocent, and an indictment represents only an allegation. A Repeat Offender Behind Bars Iossifov was convicted in 2021 in the Eastern District of Kentucky. A jury found him guilty of racketeering and money laundering conspiracies. He owned RG Coins, a crypto exchange based in Sofia, Bulgaria. The platform served a Romanian fraud ring known as the Alexandria Online Auction Fraud (AOAF) Network. The network defrauded at least 900 American victims through a sprawling online auction fraud scheme. Court evidence showed Iossifov laundered nearly $5 mil
The US diplomatic intervention in Beirut highlights the fragile nature of regional peace efforts and the complex international dynamics at play.
The post US sends diplomatic team to Beirut as Israel-Hezbollah ceasefire teeters on the edge appeared first on Crypto Briefing.
The post Kalshi vs Polymarket 2026: Fees, Markets & US Legality appeared on BitcoinEthereumNews.com.
Two years ago the choice in the prediction market space was pretty straightforward. Polymarket was the crypto-native platform Americans weren’t meant to touch while Kalshi was the regulated US exchange that played by the book. Fast forward to today and there are multiple other prediction market platforms like Rothera, Predictdotfun, Opinion, Limitless etc that are looking to bite away at the market share. Despite competition ramping up, Kalshi and Polymarket are by far the leaders in terms of volume, number of trades and open interest. The line from two years ago, however, has mostly dissolved. Polymarket now runs a CFTC-licensed US arm and despite Kalshi fighting roughly a dozen states in the US over whether sports contracts count as gambling, the latest numbers on combined trading volume between the two platforms hit $47.5 billion in the month of June alone this year. That’s more tha
The concentration of Ethereum nodes in the US and reliance on few cloud providers pose risks to network security and could impact price stability.
The post Cambridge research reveals 31% of Ethereum node activity concentrated in the US appeared first on Crypto Briefing.
The post AUD/USD climbs as Chinese Yuan strength supports the Aussie appeared on BitcoinEthereumNews.com.
AUD/USD advances toward the 0.6960 area on Friday, supported by a softer US Dollar (USD) and renewed strength in the Chinese Yuan (CNY). The pair continues to recover on the four-hour chart, although escalating tensions between the United States (US) and Iran are limiting broader risk appetite. US President Donald Trump said on Truth Social that Iran had requested further negotiations and that Washington had agreed to continue talks. However, Trump warned that the ceasefire was “over,” raising concerns that hostilities could intensify despite diplomatic channels remaining open. Meanwhile, the Chinese Yuan strengthened to a one-week high against the US Dollar, offering additional support to the Australian Dollar given Australia’s close trade ties with China. The move followed a stronger fixing from the People’s Bank of China (PBOC), which set the USD/CNY midpoint at 6.7989, below th
The post Coinbase and Singapore Police Block $4.2M Crypto Scam Losses in 145+ Rescue Cases appeared on BitcoinEthereumNews.com.
Key Takeaways: In a six-week operation with Singapore Police, Coinbase prevented the loss of over $4.2 million through fake mobile apps. Advanced blockchain analytics identified and protected more than 145 suspected victims of scams. The operation underscores the growing partnership between crypto exchanges and law enforcement agencies in their fight against fraud. Coinbase, the leading U.S. cryptocurrency exchange, announced information about a partnership between it and the Singapore Police Force that helped deter scams involving the loss of over $4.2 million by over 145 individuals. Trust is the foundation we build on at Coinbase. Over the past 6 weeks, Coinbase worked closely with the @SingaporePolice Anti-Scam Centre and Cyber Investigation Branch on a joint anti-scam operation. Together, we stopped 145+ people from losing a combined $4.2M+ to scams.… pic
The post US Charges Rossen Iossifov in $290K Crypto Laundering Case appeared on BitcoinEthereumNews.com.
US charges Rossen Iossifov over an alleged $290K crypto laundering scheme from prison. Prosecutors say forfeited crypto moved through mixers to hinder government recovery. Earlier fraud case tied Iossifov to nearly $5M laundered and 900 US scam victims. Federal prosecutors have filed new criminal charges against Bulgarian national Rossen G. Iossifov, alleging that he conspired to launder approximately $290,000 worth of cryptocurrency that had already been seized and ordered forfeited following his earlier federal fraud conviction. According to the charges, the alleged conspiracy took place in January 2024 while Iossifov was serving a prison sentence in the United States. The case introduces a new chapter in an investigation that began with his conviction for participating in a multinational fraud operation targeting hundreds of American victims. New Indictment Centers on Previously
The eased chip export controls for the UAE may signal a shift in US policy, potentially impacting AI and crypto sectors while raising ethical concerns.
The post US eases chip export controls for UAE as $500M Trump crypto investment raises conflict questions appeared first on Crypto Briefing.
Polymarket is seeking U.S. approval to offer margin trading, marking its latest move to expand under a regulated derivatives framework.
The post Polymarket seeks US regulatory approval for margin trading appeared first on Crypto Briefing.