Adam Forsyth

South Korea arrests 23 over USDT laundering for Cambodian fraud network

South Korean authorities have dismantled an alleged cryptocurrency laundering operation that moved 16.8 billion won ($11.1 million) through USDT transactions and exchange transfers on behalf of a Cambodia-based phishing syndicate. Summary South Korean police arrested 23 suspects accused of laundering 16.8 billion won ($11.1 million) for a Cambodia-based phishing organization. Investigators linked more than 11,300…

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MARA reportedly buys 1,000 Bitcoin after Q1 sales

MARA Holdings reportedly bought 1,000 Bitcoin through FalconX, according to on-chain tracker Lookonchain.  Summary MARA reportedly bought 1,000 Bitcoin through FalconX after major first-quarter balance sheet Bitcoin sales activity. The purchase contrasts with Q1 sales of 20,880 BTC at an average $70,137 price level. Debt reduction, liquidity management, and mining pressure remain central to MARA’s…

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More Gains Ahead or a Bull Trap?

HYPE flipped DOGE and once again re-entered crypto’s top 10 club. Nearly all of the top 100 cryptocurrencies have recorded substantial gains over the last 24 hours, boosted by news of the peace deal between the United States and Iran. Hyperliquid (HYPE) stands out among the top performers, with its price spiking by 12%….

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