Tag: Chicago

U.S. federal authorities have charged six individuals in connection with a kidnapping case in Chicago that netted approximately $15 million in Bitcoin, Ethereum, and other cryptocurrencies. The suspects, identified as Zehuan Wei, Fan Zhang, Huajing Yan, Shengnan Jiang, Shiqiang Lian, and Ye Cao, allegedly orchestrated a sophisticated operation targeting a ...

The Federal Reserve Bank of Chicago (FRBC) has published a comprehensive research report explaining the causes and driving forces behind the 2022 cryptocurrency crisis that sparked multiple bank runs and impacted the global financial markets.  According to the report, influential account holders, crypto whales on regulated exchanges, and institutional players ...