South Korean lawmaker investigated for attacking Upbit after son joined Bithumb

Political Influence in Crypto Exchange Competition South Korean authorities are looking into allegations that a senior lawmaker used his position to target cryptocurrency exchange Upbit. The investigation centers on Kim Byung-kee, a member of the ruling Democratic Party of Korea, who allegedly began attacking Upbit after his son secured employment at rival platform Bithumb. Kim,…

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US prosecutors sold seized Bitcoin, possibly violating Trump reserve order

Federal Bitcoin Sale Sparks Legal Questions Federal prosecutors in the Southern District of New York, along with the Department of Justice, are facing some serious questions right now. They’re accused of selling millions of dollars in seized Bitcoin, and this move might have directly violated an Executive Order from former President Donald Trump. It’s about…

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Congressman Davidson criticizes US crypto regulations for threatening Bitcoin’s core principles

Lawmaker warns of regulatory threats to financial freedom Rep. Warren Davidson has raised serious concerns about the direction of US cryptocurrency policy, suggesting that recent legislative moves are undermining the very foundations of Bitcoin’s original purpose. In a year-end post, the congressman argued that regulations like the GENIUS Act and the pending CLARITY Act are…

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