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Tuesday, May 13, 2025

Crypto News: FBI Pressures Crypto Projects to Place More Focus on Security - InvestorPlace

The FBI is warning DeFi developers to implement more safety measures for investors.
A recent statement shows the agency's continued interest in policing the unregulated crypto world.
In the first half of 2022, $2 billion worth of crypto was stolen through hacks and exploits.
Today’s crypto news continues to follow an ongoing trend of U.S. intervention in the crypto market. Much like the country plays a central role in global affairs, the United States is also entering a vital role in reining in crypto. Over the past few months, the U.S. Securities & Exchange Commission (SEC), Federal Reserve, U.S. Treasury and FBI have all become more and more at odds with crypto faithfuls who would rather see a laissez-faire approach to regulation. Now this week, the FBI is continuing to put pressure on the industry.
Right now, most eyes are falling on corners of government outside of the FBI. The U.S. Treasury is taking the majority of the heat from crypto bulls after its sanctions against...



Read Full Story: https://investorplace.com/2022/08/crypto-news-fbi-pressures-crypto-projects-t...

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