Delhi Police have seized over 100,000 USDT in digital assets and arrested several individuals involved in a sophisticated fraud operation, per The Hindu. The suspects were running a fraudulent entity named “M/s Goldcoat Solar,” falsely claiming government authorization to contribute to India’s renewable energy expansion. The perpetrators misled investors by asserting they had secured rights The post Law enforcement in Delhi and Hong Kong crack down on major crypto scams appeared first on CryptoSlate.

Vice President Kamala Harris has unveiled plans to establish a regulatory framework for cryptocurrency and digital assets, aiming to protect Black men who invest in these markets. This initiative is part of her broader Opportunity Agenda, which seeks to provide tools for wealth creation and economic advancement within the Black male community. As outlined in The post Harris explicitly announces support for crypto just weeks before election appeared first on CryptoSlate.

A new US government filing suggests that Bitfinex may be the sole entity eligible for restitution in connection with the 2016 hack that resulted in the theft of approximately 120,000 BTC. The document states, “The government is not aware of any person who qualifies as a victim under the CVRA or for restitution under the The post Bitfinex deemed ‘sole victim’ eligible for recovery of $7.4 billion Bitcoin hack appeared first on CryptoSlate.

Bitcoin’s recent market trends prompt questions about whether the early 2024 bull run has ended or if there is still potential for further growth into 2025, aligning with historical post-halving peaks. According to CryptoQuant’s Bitcoin Bull-Bear Market Cycle Indicator, Bitcoin has transitioned into a bear phase after an overheated bull period earlier this year. In The post Bitcoin dips into bear market zone though realized price shows room for growth to $127,000 appeared first on CryptoSlate.

Today, Oct. 8, Crypto.com reported it has filed a lawsuit against the US Securities and Exchange Commission to challenge what it describes as the agency’s overreach in regulating the crypto industry. The company aims to protect the future of crypto in the United States by contesting the SEC’s authority and its methods of enforcement. It The post Crypto.com sues SEC for ‘illegal actions’ in crypto regulation following Wells Notice appeared first on CryptoSlate.