Turkey detains 16 people in OnlyFans investigation, seizes $6.9 million in assets

Turkish authorities on Friday detained 16 individuals and confiscated assets valued at around 300 million lira ($6.9 million) in a probe into alleged money laundering connected to content on the OnlyFans platform, according to prosecutors, reuters reported. The probe, led by a department investigating terrorism financing and money laundering crimes, targeted 25 suspects and two…

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Coinbase slides ahead of Q4 earnings amid crypto market turmoil

Coinbase Global Inc (NASDAQ: COIN) shares fell nearly 8% to $141.65 on Thursday (February 12), as investor sentiment remains cautious ahead of the company’s fourth-quarter earnings report. Historical trends show Coinbase stock often experiences volatility post-earnings, with six out of the last eight reports resulting in declines the following day, though the stock has averaged…

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Why this is the coldest crypto winter yet

Chill winds have been battering America’s eastern seaboard for weeks, driving temperatures in places to their lowest in decades. But that has nothing on the deep freeze into which investors have shoved crypto assets. The value of a bitcoin has dropped from $124,000 in early October to around $70,000 today, and the market value of…

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Legalize cryptocurrency and stablecoins in India, don’t drive investments offshore: Raghav Chadha

Rajya Sabha MP Raghav Chadha has urged the government to legalize virtual digital assets (VDAs) such as cryptocurrency and stablecoins, highlighting that the absence of a clear regulatory framework is pushing Indian investors and crypto companies to shift operations offshore. “India taxes VDAs (virtual digital assets) like they are legal. But regulate it like they…

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