cryptocurrency

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Largest Holders of Trump Meme Coin Meet at Mar-a-Lago

President doesn't mention crashing value in remarks

(Newser) - President Trump spent part of Saturday courting top backers of his personal cryptocurrency token at Mar-a-Lago, even as the coin's price hovered near its lows. Speaking to nearly 300 of the largest holders of the $TRUMP meme coin at what organizers called an exclusive crypto and business conference, Trump...

Gotti Grandson Gets 15 Months for COVID Fraud
Gotti Grandson
Is Going to Prison
Apr 21, 2026 10:49 AM CDT

Gotti Grandson Is Going to Prison

Carmine Agnello must pay $1.3M restitution over COVID fraud, do 100 hours of community service

(Newser) - John Gotti's grandson is headed back into a familiar family setting: federal custody. Carmine Agnello, 39, who once appeared on the reality show Growing Up Gotti, was sentenced Monday on Long Island to 15 months in prison for fraudulently securing nearly $1 million in COVID relief loans for his...

Good News for Schwab Customers Into Crypto

Brokerage to allow bitcoin, ethereum transactions in-house, with a 0.75% fee per transaction

(Newser) - Charles Schwab is finally letting its customers buy and sell crypto in-house. The brokerage giant on Thursday unveiled "Schwab Crypto," a service debuting in the coming weeks to let clients trade bitcoin and ethereum directly within their accounts, reports Quartz . Each trade will carry a 0.75% fee—...

Wolf Recaptured After Search That Gripped South Korea

Neukgu became a celebrity after zoo escape 9 days ago

(Newser) - A wolf that became a celebrity after his escape from a zoo in South Korea has been recaptured alive after a nine-day search that captured the nation's attention. Officials in Daejeon say Neukgu, a 2-year-old male, was found and sedated near an expressway early Friday, the BBC reports. President...

There's New Debate Over ID of Bitcoin's Mystery Creator

Developer Adam Back disputes New York Times investigation identifying him as Satoshi Nakamoto

(Newser) - One of bitcoin's earliest developers says he's not the man behind its most enduring mystery. Adam Back told the BBC he isn't Satoshi Nakamoto , pushing back on a New York Times investigation by John Carreyrou that tried to tie his writings and online activity to the pseudonymous creator of the...

UK Political Parties Banned From Taking Crypto Donations

Starmer says illicit finance is a 'stark' danger to democracy

(Newser) - British political parties will be banned from accepting donations in cryptocurrencies, Prime Minister Keir Starmer announced Wednesday, saying illicit finance poses a "stark" danger to the country's democracy. Starmer told lawmakers that "we will act decisively to protect our democracy" from outside meddling. "That will include...

Senator Presses MrBeast on Crypto Plans Aimed at Kids

Democrat Elizabeth Warren questions Beast Industries' Step app, Evolve Bank partnership

(Newser) - Sen. Elizabeth Warren wants to know exactly what MrBeast plans to sell to his youngest fans. The Massachusetts Democrat on Monday sent a 12-page letter to Jimmy Donaldson's Beast Industries, pressing for details on its move into financial services after the company bought teen-focused banking app Step in February,...

Pro-Crypto Republicans Reject SBF's Pardon Push

'He crashed the car, man. He engaged in massive fraud'

(Newser) - Sam Bankman-Fried is trying to charm his way to a presidential pardon, but even his cryptocurrency allies in Congress want no part of it. The former FTX chief, convicted of fraud in 2023, has been praising President Trump's economic record and framing his own prosecution as political "lawfare,...

Tax Cheat Lesson Leaves SK Police With Egg on Their Face

Officials exposed 'seed phrases,' lost $4.8M in seized crypto while showing off crackdown

(Newser) - South Korean tax officials apparently need a crash course in crypto security. In a bid to tout a crackdown on 124 wealthy tax dodgers, the National Tax Service published photos of seized Ledger hardware wallets, along with handwritten seed phrases that function as master passwords to the funds, per Gizmodo...

Ex-US Contractor Accused of Stealing $46M in Crypto

French authorities arrest John Daghita on Caribbean island

(Newser) - A man the feds say helped guard seized digital loot is now accused of quietly grabbing a huge chunk for himself. French authorities on the Caribbean island of St. Martin have arrested John Daghita, a former US government contractor accused of siphoning off more than $46 million in cryptocurrency from...

In Fundraising Race, GOP Is Winning by a Lot

Republicans' cash surge, super PACs, and court ruling worry Democrats

(Newser) - Democrats may be headed into the 2026 midterms with momentum—but Republicans are the ones with the cash . New filings show the GOP's main party committees and top House and Senate super PACs entered the year with about $320 million on hand, more than double Democrats' $137 million after...

In South Korea, a 'Catastrophic' Accidental Bitcoin Giveaway

Regulators investigate Bithumb exchange after it accidentally gave out $40B

(Newser) - South Korea's second-largest crypto exchange just turned a $425 promotion into a $40 billion problem. Bithumb, a major player in one of the world's busiest retail crypto markets, says a staff snafu during a small marketing giveaway led to 620,000 bitcoins being credited to users instead of...

Company That Champions Bitcoin Reports $12B Loss

Analysts say another 'crypto winter' is here

(Newser) - Bitcoin's biggest corporate cheerleader logged one of the largest losses in its history on crypto's roughest day in years. Bitcoin slid 13% Thursday to about $63,600 by 4pm Eastern, its steepest 24-hour drop since mid-2022, the Wall Street Journal reports. Minutes later, MicroStrategy—now rebranded as "...

Bitcoin's 'Digital Gold' Reputation Takes a Beating

Price slides below $70K as optimism in crypto markets evaporates

(Newser) - Bitcoin's latest slide is pushing more investors to question whether it still deserves its "digital gold" reputation. The cryptocurrency dropped below $70,000 on Thursday, touching $69,055—its first dip under that level since November 2024 and extending a three-month downturn that has left it more than...

Trumps' Crypto Firm Struck a Big Deal With UAE Royalty

Critics see a conflict of interest, but World Liberty Financial disagrees

(Newser) - A lucrative deal struck between the Trump family enterprise and investors tied to the United Arab Emirates just before President Trump's second inauguration is getting some attention. The Wall Street Journal was the first to report on it: Four days before the inauguration, Eric Trump signed an agreement for...

This 'Nerd' Student DJ Was a Phishing Mastermind

The Dispatch digs into the case of the UK's Ollie Homan

(Newser) - Ollie Holman had a secret, and it wasn't his side gig as a club DJ. Instead, it turns out the computer science student at University of Kent in Britain was running one of the largest phishing operations in the nation. Though he's now in prison, the network orchestrated...

The Cost of Giving Up on Home Ownership

Economists link the resignation to shifts in spending, work, and investing

(Newser) - Abandoning the idea of owning a home may push people to live more for now and plan less for later—and often in unhealthy ways. The Washington Post reports that's the argument behind a new working paper by economists Seung Hyeong Lee of Northwestern University and Younggeun Yoo of...

Judge Throws the Book at Crypto Fraudster Do Kwon

He gets 15 years, more than what prosecutors had asked for

(Newser) - A onetime crypto star whose tokens helped ignite a broader market meltdown is now facing 15 years in federal prison. Do Kwon, the 34-year-old creator of the failed cryptocurrencies TerraUSD and Luna, was sentenced Thursday in Manhattan after pleading guilty to fraud tied to their 2022 collapse, the New York ...

He Spent 25 Years at DEA. Now, Money Laundering Charges

Former financial agent Paul Campo is accused of aiding Mexico's Jalisco New Generation Cartel

(Newser) - A former top financial official at the Drug Enforcement Administration is facing charges for allegedly working with a notorious Mexican drug cartel via the laundering of millions of dollars, say prosecutors in Manhattan. According to a newly unsealed indictment, Paul Campo spent about 25 years at the DEA, ultimately becoming...

Eric Trump Is Now the Richest of the Trump Kids

Crypto ventures and overseas deals put Eric Trump on top

(Newser) - Eric Trump has quietly become the wealthiest of the Trump siblings, amassing a fortune that now eclipses that of his siblings, which include brothers Donald Jr. and Barron and sisters Ivanka and Tiffany. Despite not owning a direct stake in the Trump Organization's real estate empire, Eric has leveraged...

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