Pump.fun Faces Second Lawsuit As Meme Coin Scrutiny Heats Up

Pump.fun

The problems for pump.fun, the platform that enables the start of Meme coins on Solana, continue to stack up. A second lawsuit was filed against the platform in which it involves fraudulent activities and violated the US laws of securities. This development is followed by the list of growing examination against Meme-Münz projects, in particular … Read more

South Korea’s Upbit Faces Regulatory Scrutiny After KYC, AML Violations

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South Korea’s largest cryptocurrency exchange, Upbit, is under intense regulatory scrutiny. After being accused of violating more than 700,000 Know Your Customer (KYC) and anti-money laundering (AML) obligations, Upbit is facing suspension. According to local media reports published on January 16, 2025, the Financial Intelligence Unit (FIU), a division of South Korea’s Financial Services Commission … Read more

UK Court Seizes $4.3 Million in Bitcoin from Criminal Kingpin Alexander Surin Amid Legal Scrutiny

UK Court Seizes $4.3 Million in Bitcoin from Criminal Kingpin Alexander Surin Amid Legal Scrutiny

The UK judicial system has taken a decisive step in the field of… Seizing crypto assets By ordering the seizure of approximately US$4.3 million worth of Bitcoin from criminal figure Alexander Sorin, known as Don Carr Leon. This judgment stems from Soren’s inability to convincingly prove the truth of the matter legitimacy Of his cryptocurrency … Read more