The U.S. Department of Justice has seized about $6.5 million worth of bitcoin and USDt from the alleged crypto Ponzi scheme “Banana Fund,” following an investigation from the U.S. Secret Service.
Spanish cryptocurrency payments app and card issuer 2gether has revealed it won’t be immediately able to repay users affected by the $1.4 million hack it suffered on Friday, which saw hackers steal 26.79% of its total funds.
Cryptocurrency hedge fund Neural Capital has shut down after losing half its money since launching in 2017, and is now reportedly in the process of refunding investors' money, CoinDesk reports, citing three people familiar with the matter.
Top stories in the Crypto Roundup today:
- U.S. Authorities Seize $6.5 Million in BTC and USDt From Alleged Ponzi Scheme
- Crypto Firm Hacked for $1.4 Million Offers to Reimburse Users With Native Tokens
- Crypto Hedge Fund Shuts Down After Losing Half Its Money
At the time of writing, bitcoin (BTC) is trading at $11,288.49 (0.88%) with a daily Top Tier volume of $3.59 bn. As for ether (ETH), it is trading at $394.60 (3.33%) with a daily Top Tier volume of $3.24 bn. The MVIS CryptoCompare Digital Assets 10 Index is currently tracking at 4,472.98 (0.95%).