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In what is a shocking development, Argentina’s President Javier Milei has ended the investigation into the other Libra crypto scandal. Specifically, the government opted to dismantle the entire Investigative Task Force (UTI) that had been charged with the probe into the controversy, according to a Bloomberg report. The decision officially ends the government’s internal investigation into the situation. The agency was created just three months ago and was called upon to investigate “irregularities” regarding Milei’s promotion of the Libra crypto token. Specifically, it had been tasked with uncovering what role the president and his sister, Karina Milei, played in the development. JUST IN: Argentina President Javier Milei shuts down unit investigating Libra crypto scandal. — Watcher.Guru (@WatcherGuru) May 20, 2025 Also Read: Argentina President Milei Dismisses LIBRA Crypto Ties Amid Impeachment Calls Argentina’s President Javier Milei Shuts Down Unit ...

Crypto.com CEO Kris Marzalek said that the US Securities and Exchange Commission (SEC) has closed its investigation into the crypto exchange without imposing a penalty or taking any legal action. ”They used every tool available to attempt to stifle us, restricting access to banking, auditors, investors, and beyond,” he said in a March 27 X post . “It was a calculated attempt to put an end to the industry.”  Crypto.com Accuses The SEC Of A “Misguided” Approach To Digital Asset Regulation  The SEC’s decision to close its investigation into Crypto.com comes after the agency issued a Wells notice to the company in August that signaled its intention to take legal action against the crypto exchange. Crypto.com responded by filing a lawsuit against the SEC in October. In its filing, the exchange accused the then Gary Gensler-led agency of overstepping its authority and taking a “misguided” approach to crypto regulation. CRO...

Despite the rapid expansion of the global non-fungible token market, regulatory uncertainty has remained a significant roadblock for investors. But in recent days, the regulatory landscape surrounding non-fungible tokens appears to be taking a new shape. In another exciting incident, the United States Securities and Exchange Commission (SEC) has dropped investigations into the Bored Ape non-fungible token creator Yuga Labs. The SEC Ends Probe into Yuga Labs In a March 4 blog post, the Yuga Labs team confirmed that the United States Securities and Exchange Commission (SEC) has officially closed its investigation into its NFT company. The regulatory commission put Yuga Labs into intense scrutiny three years ago, citing that the digital asset company was trading unregulated securities. By description, securities are financial products representing digital ownership in a company, such as stocks, bonds, and notes. After 3+ years, the SEC has officially closed its investigation into Yuga...

The exchange confirmed its COO's brief relationship to an alleged money laundering group in a statement on November 13. Taiwan cryptocurrency exchange Bitgin is under investigation by the country's police force for money laundering. According to local news reports early this week, Yuting Zhang, the firm's COO, was arrested by Taiwanese police for his alleged role in the "Eighty-Eight Guild Hall" money laundering incident.  Previously Zhemin Guo and Chengwen Tu, two local businessmen, were accused by police of operating a multi-billion-dollar money laundering scheme by using their foreign exchange offices and crypto exchange accounts to launder proceeds of crime obtained via wire fraud from overseas. Chengwen Tu is also accused of defrauding the country's tax authorities by claiming 300 million New Taiwan Dollar ($9.28 million) in fradulent export tax refunds through overseas sale of video game credits.  Taiwan currently has no official licensing regime for c...

The firm allegedly denied having any exposure to troubled sister lending firm Haru Invest before suspending transfers earlier this month. According to a report by local news outlet Digital Asset, South Korean crypto lending firm Delio is currently under invest igation by the country's Financial Services Commission (FSC) as of June 30. The Commission alleges fraud, embezzlement, and breach of trust related to Delio's unilateral decision to suspend users' deposits and withdrawals on June 14.  During an extraordinary investors' meeting on June 17, Jung Sang-ho explained that the firm would resume withdrawals, albeit with no fixed schedule at the time. On June 27, the company began opening withdrawals for a portion of its staking services. "[Delio] will secure as much capital as possible to compensate," Sang-ho said. Delio is currently one of South Korea's largest crypto lenders, holding an estimated $1 billion in Bitcoin (BTC), $200 million in Ether (ETH...