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Tasmanian police find top 15 crypto ATM users are scam victims

The Australian island state of Tasmania has become the latest to join a country-wide crackdown on crypto ATM scammers.
Tasmania Police Cyber Investigations said on Friday that it found the top 15 users of crypto ATMs in the state were all victims of scams, with combined losses of 2.5 million Austra
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LIBRA token creator fights class suit, citing lack of jurisdiction

The creator of the LIBRA token is seeking to have a New York class-action lawsuit against him dismissed, arguing that the court lacks jurisdiction as the token was offered globally
Hayden Davis, co-founder of the venture firm Kelsier Ventures, asked a New York federal court to dismiss the class-ac
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OpenAI faces IRS complaint over alleged tax violations

Artificial intelligence watchdog the Midas Project has filed a complaint against ChatGPT maker OpenAI, accusing the firm of potential tax law violations that could threaten its nonprofit status.
The tech watchdog stated on Thursday that it has documented OpenAI’s “abandoned safeguards, rife
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Investors are balking at ‘excessive’ Bitcoin miner exec pay: VanEck

US Bitcoin mining executives are earning well above their peers in the IT and energy sectors due to generous stock compensation packages, and shareholders are fighting back, according to new findings from asset manager VanEck.
Despite “aggressive compensation packages,” Bitcoin mining firm sharehol
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SUI bullish chart pattern confirmation sets breakout target at $3.89

Key points:
SUI broke above a bullish pattern, opening the gates for a potential rally to $3.89.
Bitcoin (BTC) surged to a new all-time high on Thursday, and the bullish sentiment has rubbed off on select altcoins. One such altcoin is Sui (SUI), which rallied 11.3% to $3.41.
Could SUI continue i
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Crypto scammer's sentence bumped to 12 years from 18 months for welshing on debt

Nicholas Truglia, a crypto scammer convicted in 2022 and initially sentenced to 18 months in prison, had his sentence extended to 12 years on Thursday for failure to pay back a victim he targeted in 2018.
Truglia failed to pay over $20 million in restitution to crypto investor and CEO of the
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Why I won't invest in companies that ignore AI — Kevin O'Leary

Artificial intelligence significantly reduces the cost of new customer acquisition, and any company neglecting AI is not a worthwhile investment, according to investor and television personality Kevin O’Leary.
In an interview with Cointelegraph, O’Leary said that new-customer acquisition, which is
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Roman Storm’s lawyers signal continuance if court allows hacker’s testimony

Attorneys representing Tornado Cash co-founder and developer Roman Storm have suggested they may request a brief continuance for his criminal trial if a judge denies a motion to exclude a particular witness.
In a Thursday filing in the US District Court for the Southern District of New York
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US lawmakers to discuss crypto tax policy amid push to pass three bills

Lawmakers in the US House of Representatives are scheduled to hold a hearing on a crypto tax policy framework as part of Republicans’ push to consider bills on central bank digital currencies (CBDCs), stablecoins and market structure.
In a Wednesday notice, leadership on the House Committee on
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Japan’s Gates to tokenize $75M in Tokyo real estate on Oasys blockchain

Japanese real estate investment firm Gates Inc. will tokenize $75 million worth of central Tokyo properties on the Oasys blockchain, marking one of the country’s largest real estate tokenization initiatives to date.
The partnership, announced Wednesday, represents a major step for both companies. G
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US sees stablecoins as key to preserving the dollar’s reserve status — Sygnum

The United States views dollar-pegged stablecoins as a tool to help reverse the decline of the dollar’s status as a global reserve currency, according to a new report from digital asset banking group Sygnum. To accelerate that goal, the current administration is encouraging the growth of the stablec
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Trump’s crypto agenda favors elites, not the everyday user

Opinion by: Pauline Shangett, chief strategy officer at ChangeNOW
Bitcoin optimism is naturally running high. US President Donald Trump’s trade agreement with the UK has provided a jolt of confidence in global markets, and Bitcoin (BTC), as the ultimate borderless asset, is reaping the benefits.
U
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