Headlines

Joseph Rees

Taiwan Court Jails Cointhink Fraud Leader for 22 Years After USDT Scheme Hit 1,539 People

Key Takeaways Shih received a 22-year prison sentence in Taiwan for leading the Cointhink crypto fraud ring. The ring laundered $71.3 million USD via Tether’s USDT, exposing risks in unverified crypto exchange platforms. Suspect Shih can appeal his 22-year sentence while prosecutors seek to seize assets from 14 defendants. Deceptive Credentials Exploited Victims The mastermind…

Read More

Vietnam to Fine Retail Investors for Trading Through Unlicensed Crypto Platforms

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Vietnamese government promulgated Decree No. 284/2026/NĐ-CP, establishing administrative sanctions for violations related to crypto assets and the crypto asset market. The decree sets specific fines, operational suspensions, and remedial measures for unauthorized market activities,…

Read More

Most Banks Dropped Transfer Fees. BSP Is Now Reviewing Those That Didn’t

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Bangko Sentral ng Pilipinas (BSP) is currently evaluating compliance reports and cost breakdowns submitted by financial institutions and e-wallet operators that have yet to fully waive or significantly slash interbank transfer charges. According to…

Read More