| Mobile Web

Search results for law enforcement

Crypto

U.S., UK launch joint cooperation targeting crypto scam centres

The United States and Britain have launched their first joint law enforcement cooperation framework targeting overseas centres running cryptocurrency investment scams. U.S. federal prosecutors in Washington, the Crown Prosecution Service for England and Wales and Britain’s National Crime Agency signed a memorandum of understanding to pursue parallel investigations, share information and decide where to prosecute cases. Authorities say they have identified overlapping cases and plan an operation in London in early October with private companies.

Crypto

U.S. Treasury raises bar for foreign stablecoins, gives exchanges due diligence duty

The U.S. Treasury has issued draft rules that would impose tougher due diligence requirements on U.S. cryptocurrency exchanges and digital asset service providers handling foreign-issued stablecoins. Platforms would need to reasonably assess issuers\' ability and willingness to comply with lawful U.S. orders to freeze or seize tokens and to show reciprocal cooperation. The proposal outlines a phased rollout from 2027 and 2028 and sets conditions for eligible foreign issuers while keeping certain peer-to-peer and self-custody transactions exempt.

Crypto

U.S. government moves seized Alameda bitcoin, renewing fears of further sales

A wallet classified as owned by the U.S. government moved some bitcoin linked to seized BinanceUS accounts tied to Alameda Research, renewing market worries about further disposals. The Trump administration’s executive order bars sales of bitcoin placed in the strategic reserve, but applies only to certain seized assets held by the Treasury and not needed for legal obligations. Court records list about 683.71 BTC from Alameda-linked accounts, while wrapped bitcoin is treated separately.