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Chinese court invalidates 2019 car sale made using now worthless crypto token

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It appears that not only was the sales contract invalidated, but the buyer paid for the car with a questionable digital token in the first place.

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Coin Market

Pineapple Financial puts $1B in mortgage records on Injective

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The mortgage lender plans to bring more than $10 billion in historical loans onchain, turning thousands of mortgage files into blockchain-based records.

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Coin Market

FinCEN ties $13B in crypto scams to non-US operations

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The agency reported that “transnational criminal organizations” based in compounds in Southeast Asia were largely behind digital asset scams targeting US residents.

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US law enforcement group moves to ‘neutral’ position on CLARITY Act

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Despite earlier opposition to the CLARITY Act over consumer protection, the National Sheriffs’ Association says it will now “step back and allow the legislative process to proceed.“

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