Crypto News

Daily Bitcoin and crypto news: markets, regulation, security and privacy

Chinese National Detained in California After Extradition in $36,900,000 Crypto Scam
Oct 25, 2026 · 2 min read

Chinese National Detained in California After Extradition in $36,900,000 Crypto Scam

Federal prosecutors have brought a Chinese national to Los Angeles to face charges after his extradition from the Netherlands in an international cryptocurrency investment scam that targeted Americans. Zheng Zhao, 44, was ordered detained during his initial court appearance on October 23rd, 2026, with arraignment set for November 30th, says the U.S. Attorney’s Office for

UK banks hit by 10,000 crypto transfer complaints
Oct 25, 2026 · 4 min read

UK banks hit by 10,000 crypto transfer complaints

The U.K. claims to aspire to become a global cryptocurrency hub, an ambition that would appear to be at odds with the attitude to crypto purchases of its major banks.

New York Resident Siphons $54,406,742 in Ponzi-Style Investor Fraud, Faces Decades Behind Bars
Oct 25, 2026 · 2 min read

New York Resident Siphons $54,406,742 in Ponzi-Style Investor Fraud, Faces Decades Behind Bars

Federal prosecutors have obtained a guilty plea from a New York man accused of running a multi-decade scheme that stole more than $54 million from investors through nonexistent equipment loans. Richard Teplitsky, 72, of Williamsville, was the president of Woodhill Capital Corporation and admitted to mail fraud before U.S. District Judge John L. Sinatra, Jr.,