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US Treasury Sanctions North Korean, Russian Operatives for Funding Missile Programs Through IT Work
On July 8, the U.S. imposed sanctions on North Korean and Russian individuals and entities involved in IT worker schemes that help fund the Democratic People’s Republic of Korea’s (DPRK) nuclear and missile programs. Malicious Code Planted by IT Workers...
Truth Social Parent Company Seeks SEC Approval for 75/25 Bitcoin-Ethereum ETF
On July 7, the Securities and Exchange Commission (SEC) confirmed the acceptance of Truth Social's spot Bitcoin and Ethereum ETF, which was originally filed on June 16, 2025. The July 7 filing disclosed that the dual ETF will be listed...
UK Court Sentences Duo in $2 Million Cold-Calling Crypto Fraud Case
On July 4, the UK’s Financial Conduct Authority (FCA) sentenced Raymondip Bedi and Patrick Mavanga for running a cold-calling crypto fraud that defrauded at least 65 victims of over £1.5 million (approximately $2.1 million). The two men used fake investment...
Bitcoin Miners Curtail June Output Amid Grid Constraints and Weather Pressures
Bitcoin miners reported a drop in Bitcoin (BTC) production in June, strategically cutting output by 12%–25% to manage power costs and mitigate disruptions from extreme weather. June Curtailments Reflect Tactical Power Management and Weather Disruptions Texas-based miners implemented “economic curtailment”...
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