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South Korea seeks 20-year sentence for Delio CEO over $169M crypto fraud

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Prosecutors say Jeong Sang-ho’s “active deceptive acts” left nearly 2,800 investors frozen out of their funds, as South Korea’s crackdown on the crypto industry widens.

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Chainalysis estimates $457B in taxable crypto activity, says CARF misses most

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The blockchain analytics firm said just 14% of the onchain activity it identified is covered by the OECD’s international crypto tax-reporting framework.

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Bitcoin dips below $78K as stocks, gold fall on higher US PCE Inflation data

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Bitcoin stayed away from challenging $80,000 after July US PCE inflation data came in slightly higher than anticipated, pressuring gold and risk assets.

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77% of Americans see crypto in retirement plans as risky: Survey

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A new survey finds broad skepticism toward crypto in workplace retirement plans as US policymakers move to expand access to alternative assets.

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