UK authorises police to seize illicit crypto without arrests
UK police now have powers to seize, freeze or destroy criminal crypto holdings. It follows new legislation that comes into effect today, April 26, 2024. Reforms to help UK’s national…
Tether challenges UN report on USDT’s use in illicit activity
Tether says the UN report and analysis ignored the fact that USDT is traceable on the blockchain. CEO Paolo Ardoino says the stablecoin issuer will continue to collaborate with law…
Thorchain’s THORSwap DEX now in maintenance mode amid illicit activity
Key takeaways THORChain-based decentralised exchange THORSwap is currently in maintenance mode. The DEX seeks to curb a rise in potentially illicit funds moving through the platform. THORSwap DEX is now…