doj

The National Association of Attorneys General, the National Association of Assistant U.S. Attorneys, the International Association of Chiefs of Police, and the National Sheriffs' Association jointly sent a letter to the Department of Justice and the White House on Tuesday, warning that Section 604 of the Digital Asset Market Structure Clarity Act contains serious enforcement loopholes that could make it difficult for law enforcement agencies to investigate and prosecute crypto-related criminal activities. The letter pointed out that Section 604 includes broad exemption clauses that may allow individuals or entities assisting in the circulation of crypto assets to evade regulatory accountability, disrupting the investigative and enforcement powers that have long been relied upon.The four organizations emphasized that their concerns are not aimed at developers who simply write or publish software code, but rather at the broad exemptions that may provide a shield for illegal activities. The core of the controversy lies in Section 604—the "Blockchain Regulatory Clarity Act" (BRCA) provision, which was originally a standalone bill but was later incorporated into the Clarity Act, aimed at providing a safe harbor for non-custodial developers, clarifying that they do not fall under money transmission entities. Law enforcement organizations believe this move will create obstacles for investigations into crypto crimes.Additionally, the letter pointed out that several other provisions of the bill would "reduce transparency, weaken accountability mechanisms, and create loopholes in the anti-money laundering framework." On the same day, nearly a hundred Catholic leaders representing parishes across the country also issued a warning, stating that the bill could weaken protections against human trafficking. In response, White House cryptocurrency advisor Patrick Harker insisted that the Clarity Act is a bill that "supports regulation and supports law enforcement," emphasizing that the U.S. must proactively set standards or risk passively accepting the rules of other countries.

ChainCatcher news, according to data disclosed by RootData, although the market is generally sluggish, the TAO Subnet subnet has collectively surged, led by Tensorplex Dojo (+345.7%), Graphite (+247.5%), Nova (+166.5%), Open Kaito (+96.2%), Sturdy (+78.9%), and pre-trained LLM (+62.5%).

According to ChainCatcher news, data from taostats shows that influenced by YZi Labs investment, Dojo has increased by 202.09% in the last 24 hours, and the Tao ecological projects have collectively risen, with a total market value exceeding 6.45 million USD.Among them:Dojo increased by 202.09% in the last 24 hours and 285.44% in the past week;Graphite increased by 130.23% in the last 24 hours and 285.43% in the past week;Subvortex increased by 123.75% in the last 24 hours and 51.19% in the past week;NAS Chain increased by 55.78% in the last 24 hours and 23.65% in the past week.

ChainCatcher news, according to Bloomberg, the Dojima Exchange plans to complete the preparation for the listing application of Bitcoin futures within this month. Sources revealed that the exchange is expected to start Bitcoin futures trading as early as the fiscal year 2025, which could make it the first exchange in Asia to offer such services.The decision by the Dojima Exchange is seen as a positive response to current market trends, aiming to meet the growing investment demand. If the application is approved smoothly, Bitcoin futures trading is expected to begin in the fiscal year 2025, providing investors with more trading options and risk management tools.

ChainCatcher news, KuCoin has reached a settlement with the U.S. Department of Justice (DOJ). At the same time, the DOJ has also reached a settlement with KuCoin founders Chun Gan and Ke Tang, addressing past regulatory challenges.These resolutions mark a new chapter for KuCoin, highlighting its commitment to global compliance and sustained growth under the leadership of the new CEO BC Wong.

ChainCatcher message, Sushi announced that the Dojo proxy and Tweet Tokens feature are now live. This proxy allows users to tokenize their favorite posts or directly publish their own created Meme coins from Twitter (now known as X). Publishing tokens from Twitter is completely free; please note that there is a 5-minute interval between each user's token creation to avoid spam.

ChainCatcher news, according to Cointelegraph, the U.S. Securities and Exchange Commission (SEC), the Federal Bureau of Investigation (FBI), and the Department of Justice (DOJ) jointly filed lawsuits on October 9 against four cryptocurrency companies suspected of fraud and market manipulation, including Gotbit Consulting, ZM Quant Investment, and CLS Global. Two lawsuits were also filed against individuals related to the case, with a total of nine individuals being charged, some of whom agreed to settle separately.Gotbit Consulting and its market director Fedor Kedrov are accused of manipulating the market through wash trading on behalf of individuals promoting cryptocurrencies named Saitama and Robo Inu. The other two companies, ZM Quant Investment and CLS Global, face nearly identical charges, all related to a token called NexFundAI. NexFundAI was created by the FBI. ZM Quant and four individuals associated with Pham are also charged in connection with another cryptocurrency asset, SaitaRealty coin.The Department of Justice listed 18 individuals and another company, MyTrade MM, which also provided services for NexFundAI, facing charges in these consolidated cases.The individuals involved in this case are distributed across multiple countries, including the United States, Russia, and India, reflecting the complexity and breadth of the case.

ChainCatcher news, according to RootData, the Dojo Protocol token (DOAI) has increased by 60.61% in the last 24 hours, currently priced at $0.021.Additionally, the Web3 asset data platform RootData shows that Dojo Protocol is a blockchain network designed for AI data monetization and GPU training, aimed at enabling AI developers and GPU providers to collaborate in a secure and scalable ecosystem.

ChainCatcher news, American rapper Doja Cat's X account was hacked to promote a now-defunct Solana-based meme coin DOJA.