DOJ abandons BitClub founder case despite $722M fraud claims

The U.S. Department of Justice has reportedly moved to dismiss its criminal case against the founder of BitClub Network despite allegations that the crypto mining scheme defrauded investors of $722 million. According to a report by Bloomberg Law, citing two…

Read Also

The evolution of play-to-earn models: From NFT gaming to mining simulators

Play-to-earn gaming is evolving beyond crypto rewards as developers prioritize sustainable economies, stronger gameplay, and long-term player retention. The play-to-earn

Hungary scraps crypto validator checks to align with MiCA framework

Hungary has removed its controversial cryptocurrency validator requirement after lawmakers voted to repeal the rule, clearing the way for crypto

CFTC faces challenge from 44 states over prediction market rule

44 state attorneys general have urged the U.S. Commodity Futures Trading Commission to withdraw and rewrite its proposed prediction market

Content