Crypto Wallet Transfers Anchor $13 Million Federal Fraud Case

A crypto wallet does not hold your coins. It holds the keys that prove the coins are yours. Understanding that one distinction is the difference between keeping your crypto safe and losing it for good. Here is the complete guide.…

The U.S. Department of Justice has intervened in support of xAI in a lawsuit brought by the NAACP over the use of 57 unpermitted natural gas turbines at the company’s Colossus data centers near Memphis. The DOJ argued that shutting down the turbines would undermine American national security, noting that Grok is among four AI […]

The dismissal may signal a shift in US enforcement priorities, potentially affecting future sanctions compliance and financial sector accountability. The post Halkbank sanctions case dismissed as DOJ shifts prosecutorial priorities appeared first on Crypto Briefing.

A couple in Washington state has admitted to stealing nearly $229,000 from banks and their customers. According to the DOJ, Emily Vranic and co-defendant Heather Marquis stole mail and used personal identifying information to take over and drain victim bank accounts while running up credit cards. “Once they had fully taken over a stolen identity, […] The post West Coast Couple Steals Nearly $229,000 From Banks and Customers in Identity Fraud Scheme: DOJ appeared first on The Daily Hodl.

Justice department urges judge to throw out suit brought by NAACP over xAI’s methane-gas turbines in Mississippi The Trump administration is coming to the defense of Elon Musk in a lawsuit over claims that his artificial intelligence company, xAI, is polluting residential neighborhoods in north Mississippi. The justice department told a federal court late on Monday to throw out the case. The lawsuit was filed by the NAACP in April over allegations that xAI and its subsidiary MZX Tech set up dozens of methane-gas turbines to power its datacenter in Southaven, Mississippi, without air permits. The suit claims these turbines emit toxic pollutants in violation of the Clean Air Act, and is asking a judge to block xAI from operating the machines. Continue reading...

Blanche's confirmation could solidify a DOJ shift, impacting crypto regulation and increasing reliance on SEC and CFTC oversight. The post Acting Attorney General Todd Blanche set for mid-July confirmation hearing appeared first on Crypto Briefing.

The case highlights a potential precedent where national security claims could delay environmental compliance, impacting regulatory norms. The post DOJ says xAI’s unpermitted gas turbines threaten national security if shut down appeared first on Crypto Briefing.

The Justice department says the Pentagon needs xAI to keep using its unpermitted gas turbines.