Investment Manager Arrested for $10 Million in Digital Asset Fraud Investigation
A person aged 27 living in New Albany, Ohio was charged by indictment with five counts of wire fraud. The accused allegedly misrepresented themselves as a highly skilled and experienced digital asset trader that specializes in Bitcoin derivatives.
The Future of CBDCs and the Intersection of CeFi and DeFi
The shift away from traditional physical cash and coin payments in the UK has accelerated in recent years, with less than 15% of transactions being conducted using cash. According to Bank of England, 23 million people in the UK did not use cash at all in 2021. United Kingdom is exploring the possibility of introducing a central bank digital currency (CBDC) tied to the British pound.