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Virginia Police Officer Drains $819,000 From 13 People Through Inheritance Scam, Spends the Money on Gambling: Report
An ex-Virginia police officer reportedly orchestrated an inheritance scheme that drained a huge sum of cash from his victims. Jerry Kieth Brady Jr. duped 13 people into believing that he was set to receive an inheritance or life insurance benefits, reports the NBC affiliate WAVY-TV 10. Court documents show that Brady asked friends and colleagues to loan him money in order to pay for lawyer fees, taxes and other costs to get the inheritance from a dead relative. To convince the victims, Brady signed promissory notes and written contracts, promising to repay the funds. But Brady doubled down on the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Morgan Stanley is moving forward with its plans to enter the spot Bitcoin exchange-traded fund (ETF) market, submitting an amended registration statement to the US Securities and Exchange Commission as it seeks regulatory approval. On March 4, the Wall Street firm filed an updated Form S-1 for the proposed Morgan Stanley Bitcoin Trust, providing additional details about how the fund would operate. Morgan Stanley’s Bitcoin ETF Filing Details The amendment outlines key structural elements, including how the trust’s Bitcoin holdings would be stored and who would be…
Dogecoin revisits long-term channel support as RSI stabilizes, raising the possibility of a new rally if altcoin rotation returns.Dogecoin may be approaching a key long-term support level after returning to a structure that preceded previous rallies. Recent price action shows the meme coin revisiting a multi-year trend channel that has shaped its market cycles. Analysts say similar moments in the past occurred shortly before large price expansions. Momentum signals are also starting to stabilize as the asset consolidates near this level.Dogecoin Retests Multi-Year Trendline That Preceded Past Bull CyclesCrypto analyst Trader Tardigrade recently pointed to a long-term ascending channel that…
Global trading giant Intercontinental Exchange (ICE) has begun a strategic partnership with cryptocurrency trading firm OKX to launch new tokenized stocks and crypto futures products.ICE also made a strategic investment in OKX, reflecting a valuation of $25 billion, according to a press release. The terms of the investment were not disclosed.The deal will see the New York Stock Exchange owner license OKX’s spot crypto prices for crypto futures products, and OKX offer ICE futures and tokenized equities, the companies said on Thursday.Alongside the investment, ICE will have a board seat on OKX’s board of directors and establish a broad collaboration…
A crypto market analyst has shared a new technical analysis, outlining reasons why the Bitcoin price has not yet reached a cycle bottom. Using a charting framework called the Bear Bands alongside the Halving Cycles Theory, the analyst argues that while a short-term bounce is currently playing out, the broader bear market still has significant time and more downsides ahead before reaching a final price floor. Why The Bitcoin Price Has Not Hit A Bottom Yet According to market expert Crypto Con on X, the recent bounce that saw Bitcoin surge above $71,000 after its first major low under $64,000…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Binance continued to be the spot volume leader in the crypto sector during 2025, according to CryptoQuant’s annual report on exchanges. Binance Saw $7 Trillion In Spot Crypto Trading Volume In 2025 In a new thread on X, on-chain analytics firm CryptoQuant has shared insights from its 2025 Annual Exchange Leader Report. This report compares the various centralized exchanges in the crypto sector in terms of various metrics. First, here is a chart showing how exchanges compare against each other in terms of the spot trading volume:…
Ethereum surged about 25% from $1,750 to near $2,200 after a liquidity sweep triggered strong buying activity.Around 3.4M ETH is waiting in the validator queue, one of the longest lines since Ethereum moved to proof of stake.Trader 0xA5e4 lost $1.53M after a $31M ETH short position was partially liquidated during the rally.Ethereum has recorded a sharp rebound after a liquidity sweep near the $1,750 level. The cryptocurrency now trades near $2,200 after gaining about 25 percent from that zone. Market data shows rising trading activity, growing validator demand, and increased volatility in derivatives markets. Analysts are watching whether Ethereum can…
The crypto market was little changed on Thursday, with bitcoin BTC$72,857.56 and ether (ETH) posting gains of less than 1% as investors consolidated following Wednesday’s breakout.While bitcoin crucially held above the $70,000 level that had rebuffed ealier rallies, it has failed to deliver an upside shift to $80,000 that some analysts predicted.Global equities responded well to reports that Iran had secretly reached out to the U.S. in hopes of making an agreement to end the war in return for limiting its missile production.The Dollar Index (DXY) fell as a result, but remains up by 3.5% since late January as traders…
U.S. Scam Strike Force Seizes $584,762,751 in Crypto From Chinese Criminal Organizations That Targeted Americans
Authorities say they’ve seized more than $584.7 million in cryptocurrency tied to Southeast Asian scam compounds run by Chinese transnational criminal organizations. The Scam Center Strike Force, launched in 2025 and led by the U.S. Attorney’s Office for the District of Columbia in coordination with the U.S. Department of Justice Criminal Division, the Federal Bureau of Investigation, the U.S. Secret Service, and Internal Revenue Service Criminal Investigation, has focused on dismantling cryptocurrency investment fraud operations commonly known as “pig butchering” schemes. Authorities say the criminal networks operate out of large-scale scam compounds in Cambodia, Laos, and Burma, using US-based internet…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Federal Reserve’s (Fed) decision this Wednesday to grant its first-ever master account to a crypto-focused institution has triggered swift opposition from major banking groups, intensifying tensions between traditional finance and the digital asset sector at a pivotal moment for US crypto legislation. Opposition From US Banking Groups Kraken Financial, the Wyoming-chartered banking arm of the exchange, announced that it had secured a Federal Reserve master account—becoming the first digital asset bank in American history to gain direct access to the central bank’s payment infrastructure. However, the…