Singapore police collaborate with exchanges such as Coinbase to launch anti fraud operation, avoiding losses exceeding $4.2 million

According to Bitcoin.com News, Custodia Bank has submitted a review application to the US Supreme Court, requesting confirmation of whether the regional Federal Reserve Bank governor has the authority to refuse to provide main account services to institutions. The Federal Reserve rejected Custodia Bank's main account application in 2023, citing significant security and stability risks associated with its new business model and planned focus on cryptocurrency assets. The US Tenth Circuit Court of Appeals supports the Federal Reserve Bank of Kansas City in 2024, and the US Supreme Court will decide whether to accept the case in October.

According to Onchain Lens monitoring, two wallets (0x18B... E66, 0x565... e55) suspected to be associated with the same entity and possibly belonging to hackers spent 11.59 million DAIs to buy 6358 ETH at a purchase price of $1823.

According to Bitcoin.com, the Singapore police, in collaboration with Coinbase and six other cryptocurrency exchanges, launched a six week anti fraud operation, identifying 145 potential victims and avoiding losses exceeding $4.2 million.

Brad Garlinghouse stated that after the SEC filed a lawsuit in 2020, Ripple considered shutting down the company. （Cointelegraph）

Empery Digital, a Bitcoin reserve company, sold 1400 BTC to cash out $87.1 million for investing in AI data centers and repaying $10 million in debt. Currently, it holds 1514 BTC, and EMPD's stock price closed up 1.58%.