UAE-Based Crypto Firm Admits to Wash Trading Scheme on Uniswap
The charges follow "Operation Token Mirrors," an FBI-led sting operation launched in October 2023 to identify fraudulent activities in the crypto industry.
The charges follow "Operation Token Mirrors," an FBI-led sting operation launched in October 2023 to identify fraudulent activities in the crypto industry.
This development follows a December 2024 agreement with the IMF, where El Salvador pledged to curb its Bitcoin policies in exchange for a $1.4 billion loan.
International collaboration played a crucial role in identifying the perpetrators. A joint statement issued on January 14 by the United States, South Korea, and Japan attributed the heist to North Korean hackers associated with the Democratic People’s Republic of Korea (DPRK).
As the market attracts more investors, hardware crypto wallets have become essential for cryptocurrency holders.
JioCoin currently functions as a reward mechanism for users browsing via JioSphere. Kashif Raza, CEO of Bitinning, speculated that JioCoin could play a broader role in Jio’s extensive ecosystem, possibly allowing users to redeem tokens for services like mobile recharges or purchases at Reliance outlets.