Cryptocurrency exchange

When news of a potential US-Russia prisoner swap broke last week, a familiar name appeared on the list of possible exchange candidates. Alexander Vinnik, known as "Mr Bitcoin," was arrested while on vacation in Greece in July 2017 on a US warrant for laundering over $4 billion through his crypto exchange, BTC-e.

Over 407,000 individuals in Bulgaria have turned to digital assets for investment, according to data from Singaporean fintech company Triple-A. This represents 6.15% of the population who are engaged with crypto wallets.

BtcTurk, one of Türkiye's foremost cryptocurrency exchanges, said that it has been hit by a cyberattack

Its teams had detected a cyberattack on its platform on June 22, which caused uncontrolled withdrawals," the company said in a statement.

The Turkish parliament's planning and budget commission has approved a bill aimed at regulating the crypto assets sector in the country.

The draft law, which requires crypto asset service providers to obtain licenses from the Capital Markets Board, includes the definitions of crypto assets.

Binance Holdings Ltd (BHL), the world's biggest cryptocurrency exchange, is to pay $4.3 billion for violations of anti-money laundering and sanctions laws in a settlement approved by a U.S. judge on Friday.

A federal prosecutor in New York has decided against pursuing a second trial, this one over corruption and illegal political donations, against former crypto mogul Sam Bankman-Fried.

Lithuania finds itself at the forefront of cryptocurrency expansion within the EU, boasting one of the largest counts of crypto companies. However, this surge has prompted regulators to sound the alarm, citing concerns about potential misuse for money laundering and criminal endeavors, as reported by Latvian public electronic media.

Cryptocurrency backers have celebrated the fraud conviction of the industry's one-time golden boy Sam Bankman-Fried, hoping the embattled sector can finally turn the page on a multibillion dollar scandal.

Faruk Fatih Özer, the former head of the crypto exchange platform Thodex, has been handed a sentence of 11,196 years in prison by a Turkish court for a litany of charges, including fraud.

The court also imposed a substantial judicial fine of 135 million Turkish Liras, equivalent to approximately $5 million.

The United States has charged two Russian nationals in the hack of collapsed cryptocurrency exchange Mt Gox, one of the world's earliest, biggest and most widely publicized alleged bitcoin heists.