Goliath Ventures has filed for bankruptcy reorganization in Florida, accused of being involved in a $328 million Ponzi scheme, with over 2,000 victims. The former CEO has been arrested and faces charges of wire fraud and money laundering.

Los Angeles rideshare driver Bruce Choi has been arrested on suspicion of defrauding $2 million in pandemic relief loans and using the funds to purchase cryptocurrency. Choi fabricated companies to apply for loans, and prosecutors have charged him with wire fraud and money laundering. If convicted, he faces serious penalties.

Circle CEO Jeremy Allaire revealed that Circle has completed internal entity transfers using USDC through the Circle Mint platform, transferring over $68 million in the first month, with significantly higher efficiency than traditional bank wire transfers. The platform will launch a fund management update in March to optimize account transfers and integrate with accounting system APIs.

Circle CEO Jeremy Allaire stated that the company recently used USDC and Circle Mint to settle $68 million cross-company transactions in less than 30 minutes, replacing the traditional fiat wire transfer process that takes 1-3 days. This method has full auditability and is expected to be adopted by more enterprises in the future.

Former Florida CEO Christopher Alexander Delgado was arrested for allegedly operating a $328 million Ponzi scheme and faces wire transfer fraud and money laundering charges, with a maximum sentence of 30 years. The victims' returns were funded by subsequent investors' money.

PANews February 15 News, according to a post by TheBlock project director Frank Chaparro, Wells Fargo posted a Digital Asset Services Manager position four days ago. Responsibilities include: developing a three to five-year strategy covering tokenized deposits, on-chain collateral, intraday liquidity, and 24/7 programmable payments — fully integrated with wire transfers, ACH, RTP, FedNow, and SWIFT. Not long ago, Morgan Stanley and JPMorgan also hired senior leaders in the cryptocurrency field.

February 13 News, the U.S. Department of Justice issued a warning through the Northern District of Ohio Federal Prosecutor's Office, reminding the public to stay vigilant around Valentine's Day and to be aware of love scams centered on cryptocurrency transfers and fake investments. In the official statement, they straightforwardly said: “Cupid does not ask for cryptocurrency,” and pointed out that criminals are using dating platforms, social media, and chat apps to establish relationships, then inducing transfers by citing emergencies, travel expenses, or so-called high-return investments. U.S. Prosecutor David M. Topfer stated that these scams are not about romance but are solely aimed at money. He urged the public to verify identities before any transfers and to avoid sending money to people they have never met. Law enforcement officials disclosed that scammers often forge identities using stolen photos, claiming to be overseas service members or engaged in international business, quickly expressing “deep affection,” then shifting conversations to private messaging apps, and ultimately demanding payments via encrypted assets, gift cards, or wire transfers.

January 28 News, Ripple is accelerating its efforts to embed blockchain technology into real-world business systems. This week, Ripple officially launched a new product, Ripple Treasury, and simultaneously expanded the practical application scope of the stablecoin RLUSD and XRP Ledger, indicating that its strategic focus is clearly shifting towards enterprise and institutional users rather than solely targeting the cryptocurrency trading community. Ripple Treasury is based on GTreasury's enterprise financial software architecture and integrates Ripple's own blockchain technology, allowing companies to manage traditional cash and digital assets within the same system. Financial teams can view balances, conduct fund dispatching, and control risks through a unified interface without switching between multiple systems. Ripple states that cross-border settlements conducted via RLUSD typically take only 3 to 5 seconds, significantly more efficient than traditional wire transfer systems.

Cryptocurrency promoter Rodney Burton faces 11 federal charges for promoting the $1.8 billion HyperFund scam, including wire fraud and money laundering. If convicted, he faces up to 20 years in prison. He used investor funds to purchase luxury goods. The co-defendants have pleaded guilty, while the founder remains at large.

Terraform Labs founder Do Kwon will face sentencing at Manhattan court on December 11. The prosecution has requested a 12-year prison sentence. He previously pleaded guilty to conspiracy fraud and wire fraud but refused to plead guilty when more charges were involved.