A federal grand jury in Miami has charged nine individuals with laundering U.S. drug proceeds into cryptocurrency for Mexican and Colombian cartels, utilizing “a network of black market cryptocurrency launderers and unlicensed money transmitters,” according to the U.S. Department of Justice. From 2020 to 2023, defendants allegedly coordinated cash pickups from U.S. drug sales, converting […]
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Bitcoin Miner Stress Hits ‘Historically Rare’ Level as 20% of Miners Operate at a Loss
Key TakeawaysSimilar miner-stress declines appeared near bitcoin bottoms in 2015, 2018 and 2020.JPMorgan estimates bitcoin has traded below its $78,000...













