The price of bitcoin dipped to $ 58,867 on Thursday, around 2 p.m. Eastern Time, but by 8:50 p.m. it had climbed back above $ 60,000. The initial drop reflected heavy selling pressure, but the later rebound—though slow—suggests a potential recovery might be on the horizon. Bitcoin Reclaims $ 60K After Market …
In a report by Glassnode and researchers Cryptovizart and Ukuria OC, bitcoin has reclaimed a key short-term cost basis after the Federal Reserve’s recent interest rate cut. This recovery signals the potential for further price momentum, although broader market conditions remain cautious. Bitcoin Reclaims Short-Term Cost Basis According to Glassnode, bitcoin’s price has risen above […]
The Federal Bureau of Investigation’s San Diego office has seized websites linked to three fraudulent cryptocurrency recovery services. The scam preys on victims of crypto fraud by promising recovery of lost funds, often charging significant fees without delivering results. The FBI advises the public to be cautious, avoid upfront payments, and verify any claims of […]
San Luis Obispo County Sheriff’s detectives in California, United States, have recovered nearly $ 5,000 of the $ 17,000 stolen in a cryptocurrency scam targeting victims in Los Osos two years ago. On Sept. 12, 2022, the victims informed authorities that they were deceived by a scammer posing as a relative in legal …
A U.S. district court has ordered FTX and Alameda Research to pay $ 12.7 billion to fraud victims due to their misuse of customer funds and fraudulent practices. Ian McGinley, Director of the Commodity Futures Trading Commission’s Division of Enforcement, emphasized that this multibillion-dollar recovery is the largest recovery in CFTC history. FTX and …