DOJ and Europol take down SocksEscort network tied to crypto fraud

Law enforcement agencies seized 34 domains, 23 servers and froze $3.5 million in crypto linked to SocksEscort, a proxy service that hijacked 369,000 devices.

Law enforcement agencies seized 34 domains, 23 servers and froze $3.5 million in crypto linked to SocksEscort, a proxy service that hijacked 369,000 devices.

Hong Kong is set to issue its first stablecoin issuer licenses, with HSBC and Standard Chartered likely among a “very small number” of initially approved issuers, local media reported.

MetaComp’s Pre-A+ funding round, backed by Alibaba and Spark Venture, brings the total capital raised to $35 million, with aims to expand its StableX Network globally.

BlackRock’s iShares Staked Ethereum Trust ETF will trade on the Nasdaq, offering spot exposure and staking income with a reduced 0.12% fee on the first $2.5 billion.

Investors allege JPMorgan helped facilitate fund flows in a $328 million crypto Ponzi scheme, while a parallel federal case targets Goliath Ventures’ founder.