• The DOJ has charged a Nevada man for his involvement in a $45 million crypto scheme.
• Treasury has sanctioned the Tether address of Huriya CEO over Russia connections.
• Worldcoin is facing privacy concerns due to an emerging iris scan black market for biometric verification.
DOJ Charges Nevada Man Involved in Crypto Scheme
The Department of Justice (DOJ) has charged a Nevada man for his involvement in a $45 million CoinDeal cryptocurrency scheme. The charges come as part of an ongoing investigation into criminal activities related to digital assets and virtual currency.
Treasury Sanctions Huriya CEO’s Tether Address
The US Treasury Department has imposed sanctions on the Tether address of the Huriya CEO over suspected ties to Russia. This move comes after allegations that Huriya was used by Russian entities to evade US sanctions and launder money through cryptocurrencies.
Worldcoin Facing Privacy Concerns
Worldcoin is facing privacy concerns due to an emerging black market for biometric verification using iris scans, which could be used to track users‘ activity within the network. This could have serious implications for user security and data protection, as well as possible compliance issues with regulations such as GDPR and CCPA.
Cardano’s Hoskinson Calls Ethereum Classic ‚Scam‘
Cardano’s founder Charles Hoskinson called Ethereum Classic “a scam” after Ergo was excluded from the Proof-of-Work Summit, which he said was proof that some members were profiting off their exclusion from the event. He also accused Ethereum Classic developers of not contributing anything meaningful to the blockchain space and instead just “capitalizing on confusion” about their project.
Tether-KriptonMarket Partnership Allows Argentinian Businesses to Accept USDT
Tether has partnered with KriptonMarket, fiat on and off-ramp solution, allowing local businesses in Argentina to accept payments in USDT. This collaboration will help small businesses pay their bills and part of their employee salaries in USDT at Central Market Buenos Aires which consists 900 wholesale merchants and 50 retailers amid 104% inflation rate in Argentina making it difficult for them to make stable payments without incurring any losses.