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Paxos set to withdraw from Canada amid regulatory uncertainty

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Paxos assured its customers that their funds would “remain safely” in their accounts, but advised users to withdraw all balances from their accounts at their earliest convenience.

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Coin Market

US DOJ sentences man to 70 months in prison for role in $263M scam group

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The group spent tens of millions of dollars on luxury items and real estate, using funds stolen from crypto users in social engineering scams.

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Bitcoiners cast doubt on the US military’s understanding of the network

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Bitcoin advocate Matthew Kratter said US Navy Admiral Samuel Paparo’s Senate testimony on Tuesday sounded like it was written by an “intern.”

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CFTC sues New York over bid to apply gambling laws to prediction markets

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The CFTC has filed suit to block New York from enforcing gambling laws on prediction platforms, arguing federal regulators have sole authority over event-based contracts.

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