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BeInCrypto

DOJ Restrains $52 Million in Crypto Tied to Chinese Scam Marketplace Xinbi

US authorities have restrained roughly $52 million in scam-linked crypto in a single day and seized the Telegram channels of Xinbi Guarantee, a Chinese-language illicit marketplace. Elliptic says its multi-year tracking of Xinbi’s wallets enabled the Secret Service to act.…

crypto.news

CLARITY Act vote may not decide fate of US crypto rules: Coinbase CEO

Coinbase CEO Brian Armstrong has said the U.S. crypto industry could get clearer federal rules regardless of whether the CLARITY Act clears its key Senate test on Sept. 15. CNBC reported Wednesday that Armstrong expects either Congress or federal regulators…