Report: Two Israeli Brothers Arrested for Hack of Bitfinex Crypto Exchange

Two Israeli brothers have been arrested in connection with the hack of cryptocurrency exchangeBitfinex and other crypto-related phishing attacks, finance news outlet Finance Magnates reportson June 23. An Israeli police spokesperson reportedly told Finance Magnates that Eli Gigi and his younger brother Assaf Gigi netted tens of millions of…

All Global Crypto Exchanges Must Now Share Customer Data, FATF Rules

A powerful intergovernmental organization devoted to combating money laundering and terrorism financing has finalized its recommendations on regulating cryptocurrencies for its 37 member countries. As expected, the Financial Action Task Force (FATF) standards released Friday include a controversial requirement that “virtual asset…