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Federal Judge Slams Government's Illegal Retaliation Against Anthropic
A federal judge just tore up retaliatory government sanctions against AI builder Anthropic, slapping Washington with an immediate, permanent injunction.
Bithumb Wins Lawsuit Over $43B Fat-Finger Bitcoin Error
A South Korean court backed Bithumb after an internal slip mistakenly handed 620,000 BTC to hundreds of user accounts.
Profit Connect Founder Convicted in $24 Million AI Crypto Fraud
A federal jury found Brent Kovar guilty on 15 counts for duping at least 400 investors with false guarantees.
Las Vegas Businessman Convicted in $24M AI Crypto Ponzi Scheme
Brent Kovar stole $24 million from over 400 investors using a fake AI supercomputer pitch.
Jury Convicts Vegas Man Behind $24M AI Crypto Mining Scheme
Brent Kovar tricked more than 400 investors with false claims of FDIC insurance and an AI supercomputer.
US Sanctions Crypto Operator Over $100M Iran Oil Trade
The U.S. Treasury has targeted an individual accused of processing over $100 million in crypto for Iranian military oil sales.
Illinois Crypto Tax Rules Threaten Holders With Monthly Bills
Illinois crypto users face a 0.2% monthly tax on their total asset value if their brokers fail to collect it.
Louisiana Law Lets Crypto Kiosk Users Demand Refunds from Illegal ATMs
Starting August 1, a new Louisiana statute lets crypto ATM users claw back their cash from unlicensed operators.
German Court Forces AI Music Generator Suno to License Songs
A court ruling in Germany requires AI companies to license copyrighted music before using it for model training and generation.
Seoul Police Bust Fake Flare Staking Site That Stole $8.5M in XRP
South Korean police just busted a phishing operation that used fake Wikipedia entries and YouTube tutorials to siphon millions in XRP.
Maine Sets July 29 Crypto Seizure Deadline Amid Conflicting Rules
Maine crypto holders face a July 29 reporting deadline under state abandoned property rules, but contradictory official guidance leaves everyone guessing when bureaucrats can actually grab dormant funds.
Directors Targeted Over $53M Hack Cover-Up to Avoid Bank Run
A July 2026 criminal complaint charges directors with failing to report a 1.7 billion-baht theft in official filings.