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11 Mar 2026, 17:06

Feds seek to permanently seize $3.4M in stolen Tether

Federal authorities in Boston are seeking court approval to permanently seize more than $3.4 million in cryptocurrency they say was stolen from victims through an elaborate online investment scam. United States Attorney Leah B. Foley and Ted E. Docks, the Special Agent in Charge of the FBI’s Boston Field Office, announced this week that the U.S. Attorney’s Office has filed a civil forfeiture action to recover roughly 3,444,470 USDT, a type of digital currency known as Tether, which prosecutors allege are the proceeds of an online investment fraud and money laundering operation. Agents seized the funds in February and March of 2025. The government is now asking a judge to sign off on permanently forfeiting the assets. The case began in late 2024 after at least four people reported losing money to the scheme. Two of those victims live in Massachusetts, one in Utah, and one in South Carolina. How the scam worked According to prosecutors, scammers behind these types of fraud operations typically begin by building trust with their targets online before steering them into fake cryptocurrency investment deals. The financial and emotional damage to victims can be severe. Authorities noted that the people running these schemes are often based outside the United States. Court documents describe how the unknown suspects first made contact with victims through what looked like messages sent to the wrong number, either through regular text messages or encrypted apps like WhatsApp and Telegram. Once they had established a rapport with their targets, the suspects persuaded the victims to put money into what they described as a special Ethereum investment opportunity, which they falsely claimed was backed by physical gold. The victims were instructed to purchase the popular cryptocurrency Ethereum and transfer it to digital wallets under the scammers’ control. The victims thought they were investing in a reputable site. In actuality, the suspects were transferring the deposited Ethereum to private digital wallets, converting it to USDT, and keeping the money. Prosecutors pointed out that using electronic communications to carry out fraud is a federal crime, as is conducting financial transactions intended to hide where stolen money came from or who owns it. A civil forfeiture case allows anyone with a legitimate claim to the seized property to come forward before the government takes final possession and works to return the money t o vi ctims. This filing is part of a broader effort by the U.S. Attorney’s Office, which has brought several similar civil forfeiture cases involving cryptocurrency fraud targeting victims in Massachusetts. The Woburn Police Department provided assistance in this investigation. Assistant U.S. Attorney Matthew M. Lyons of the Asset Recovery Unit is handling the case. Prosecutors noted that the details in the forfeiture complaint are allegations at this stage. Tether joins global crackdown on crypto fraud This case comes as law enforcement agencies around the world have grown more active in pursuing stolen cryptocurrency. According to a Cryptopolitan report , Tether announce d at the end of 2025 that it had helped Thai police and the U.S. Secret Service recover $12 million in stolen USDT connected to a transnational scam running across Southeast Asia. Tether’s chief executive, Paolo Ardoino, sai d th e company is committed to working with law enforcement globally to freeze illegal assets and protect victims. This operation highlights how blockchain transparency can empower law enforcement to act quickly and effectively against criminal activity… – Paolo Ardoino, CEO of Tether The company also said it has actively cooperated with authorities across multiple countries, contributing to seizures of criminal proceeds in various jurisdictions. The forfeiture highlights how blockchain tracing tools now enable faster asset recovery even in cross-border schemes. Yet it also shows that perpetrator identification remains elusive when operators are overseas and use layered wallet transfers. Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.

11 Mar 2026, 16:53

Ripple Labs Burns 25,000,000 RLUSD in 24 Hours, XRP Price to Rally?

Ripple Labs has executed its largest single burn of RLUSD stablecoins, burning over 25 million coins from circulation within a 24-hour period. The latest move, which saw the burn of 15 million RLUSD, follows a series of massive burns this week. Ripple continues to play a significant role in reducing the circulating supply of RLUSD, which is a crucial part of its overall strategy. Ripple’s Largest Burn Yet Ripple has demonstrated its commitment to the RLUSD stablecoin with this unprecedented burn. In the past 24 hours, Ripple removed a total of 25 million RLUSD from circulation. This includes a 15 million coin burn, which is the largest burn to date since the stablecoin’s inception. The action has caught the attention of the crypto community, as it signals Ripple’s ongoing efforts to manage RLUSD's supply and impact its value. The burn was conducted on the XRP Ledger, Ripple's primary blockchain. RLUSD is also supported on Ethereum, further enhancing its utility across multiple platforms. The 15 million coins and 10 million coins burned in this latest move are part of Ripple’s continued efforts to limit the circulating supply, which is expected to reduce inflationary pressures on the stablecoin. Ripple’s Strategy Behind the Burn Ripple’s decision to conduct a large-scale burn comes after minting new RLUSD coins earlier this week. On March 9, Ripple minted 6 million RLUSD, followed by another 1 million RLUSD. These newly minted coins were followed by the burn of 4.5 million RLUSD coins on March 8. Despite minting new coins, Ripple’s strategy focuses on keeping a balance between minting and burning to control the stablecoin’s market supply. This latest burn is a key part of Ripple’s ongoing strategy. As per Ripple’s practices, burns and mints are part of the larger goal to stabilize the RLUSD supply while ensuring liquidity and minimizing inflation. Ripple has emphasized that it will continue to adjust the circulating supply of RLUSD to meet demand while keeping the stablecoin's market value stable. XRP Price Prediction: A Rally in the Cards? Following this major burn, market analysts are speculating that the price of XRP could see a rally in the near future. XRP has been trading in a corrective phase for some time, and the completion of this burn might mark the beginning of a new upward trend. Analysts believe that XRP is currently in the final stages of its corrective wave and may soon enter a bullish phase. Moreover, as we reported, analysts tracking XRP’s performance have pointed to positive signs, including the recent rise in its Sharpe Z-Score, which measures risk-adjusted returns. This uptick suggests that XRP might be poised for a price rally, possibly as part of an Elliott Wave structure that could see XRP rebound from its current downtrend. Source: X According to analyst Dark Defender, the XRP price is currently in the midst of a corrective Wave 4, but the market is watching closely for the start of Wave 5. If this wave begins, analysts predict that XRP could potentially see a price surge, with targets reaching up to $18, a significant increase from its current levels. Moreover, as we reported, the Ripple CEO forecasted that XRP investors would be very happy in 5 years. Ripple’s Expanding Presence and Strategic Moves Ripple's activities extend beyond coin burns and include securing new licenses to expand its influence. Recently, Ripple announced that it has acquired an Australian Financial Services License (AFSL), which will enable it to collaborate more closely with financial institutions in Australia. This expansion will allow Ripple to offer faster and more efficient payments, further strengthening its position in the blockchain and digital payment space. Ripple's push into the Australian market will bring more clients on board, who will gain access to Ripple Payments for real-time settlement. This strategic move aligns with Ripple’s goal to make its platform more accessible to global users, thus potentially boosting the demand for RLUSD. Moreover, with over 75 licenses worldwide, Ripple’s expansion continues to drive adoption of its blockchain technology, which is also linked to the growing usage of RLUSD in global payments.

11 Mar 2026, 16:40

Blockchain Whales Drive Surge In Tether Gold As Token Supply Nears New High

Ethereum whales increased Tether Gold holdings as wallet numbers rose sharply. XAUT supply and market capitalization grew amid strong demand for tokenized gold. Continue Reading: Blockchain Whales Drive Surge In Tether Gold As Token Supply Nears New High The post Blockchain Whales Drive Surge In Tether Gold As Token Supply Nears New High appeared first on COINTURK NEWS .

11 Mar 2026, 16:05

Pundit Says I’m Getting More Bullish On XRP As Ripple Revealed This Bigger Picture

Cryptocurrency markets often reward patience more than impulsive trading. While short-term price swings dominate headlines, the most impactful developments frequently occur behind the scenes—where infrastructure, adoption, and connectivity lay the foundation for lasting growth. Observers who focus on these structural shifts often spot opportunities before the broader market reacts. Crypto commentator X Finance Bull recently highlighted one such development on X, drawing attention to Ripple’s expanding ecosystem as a key reason for renewed optimism on XRP. According to the pundit, Ripple is not merely facilitating payments; it is building an integrated financial infrastructure that combines cross-border transactions, custody, wallets, and blockchain connectivity into a cohesive operational stack. This perspective underscores XRP’s utility beyond trading, emphasizing its role in real-world finance. BOOM I’m getting more bullish on $XRP ! Ripple revealed the bigger picture. $100B+ processed, 60+ markets, 51 real-time rails, and RLUSD already at $1B. Payments, custody, on/off ramps, wallets, and blockchain rails connected in one stack. This is financial… pic.twitter.com/gTMV0bN3ER — X Finance Bull (@Xfinancebull) March 10, 2026 Ripple’s Growing Payments Network At the core of Ripple’s ecosystem lies its cross-border payment network. X Finance Bull notes that Ripple has processed over $100 billion in digital asset payments across more than 60 global markets using 51 real-time rails. This network allows institutions to transfer funds almost instantaneously , eliminating the delays and high costs typical of traditional banking systems. By integrating speed, reliability, and transparency, Ripple enables enterprises and financial institutions to settle transactions efficiently. XRP serves as a bridge asset for liquidity, while Ripple’s stablecoin, RLUSD, has already reached a $1 billion market cap, demonstrating strong adoption within institutional payment flows. Building a Unified Financial Stack Ripple’s infrastructure extends beyond payments. Custody solutions, on/off ramps, wallets, and multi-chain connectivity all work in concert to form a unified financial stack. The ecosystem connects to major blockchains like XRP Ledger, Ethereum, and Solana, and interacts with entities including Tether, Stripe, and Fireblocks. This integration allows seamless movement of digital assets, tokenized liquidity management, and efficient cross-platform settlements. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The diagram shared by X Finance Bull illustrates Ripple’s central role in orchestrating these connections, showing how XRP and RLUSD serve as critical bridges between traditional finance and decentralized networks . Implications for XRP’s Bullish Outlook The development of this integrated financial stack positions XRP as more than a speculative asset. It anchors the token within a practical, operational ecosystem that supports real-world financial flows. Investors now view XRP’s potential not solely through the lens of price movements but as part of a growing infrastructure that could reshape cross-border payments and institutional blockchain adoption. For X Finance Bull, Ripple’s broader strategy and the adoption metrics of XRP and RLUSD reinforce a bullish thesis. As the network scales and real-world usage grows, XRP’s role as a utility asset with tangible financial relevance becomes increasingly clear, suggesting long-term potential that extends far beyond daily market fluctuations. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Pundit Says I’m Getting More Bullish On XRP As Ripple Revealed This Bigger Picture appeared first on Times Tabloid .

11 Mar 2026, 16:03

Ripple’s RLUSD Gains Spotlight on Fox Business as The Next Bridge Between Crypto and Traditional Finance

Ripple’s RLUSD: Bridging USD Stablecoins and Traditional Finance Ripple’s RLUSD stablecoin is gaining mainstream attention , with Fox Business highlighting its potential to bridge digital assets and traditional finance. As a USD-backed stablecoin, RLUSD offers institutions a low-volatility gateway to blockchain adoption. Why is RLUSD ticking? Well, the stablecoin offers institutions a USD-backed digital asset on the XRP Ledger, enabling fast, scalable settlements with blockchain efficiency. By merging fiat stability with crypto innovation, Ripple tackles the challenge of integrating digital assets into traditional finance. Recently, RLUSD surged into the Top 50, outperforming expectations and demonstrating how compliance and real-world utility drive adoption. Therefore, wider adoption of RLUSD could supercharge activity on the XRP Ledger, enabling cross-border transactions that are faster, cheaper, and more transparent than traditional fiat systems. Traders and institutions could benefit from near-instant settlements, reduced costs, and new avenues to diversify treasury operations using digital dollars. RLUSD Could Propel XRP Ledger into the Spotlight of Global Finance Fox Business coverage shows rising institutional interest in RLUSD. Analysts predict that broader adoption could ignite increased activity across the XRP ecosystem, boosting trading volumes and network utility. Ripple’s infrastructure stands to benefit from a feedback loop as more participants leverage the XRP Ledger for settlements and liquidity. Supporting this momentum, Binance recently completed RLUSD integration into the XRP Ledger, opening deposits as the stablecoin hits a $1.5B market cap. While stablecoins are still in early adoption, RLUSD marks a major step toward a financial ecosystem where digital and traditional assets coexist. By offering a USD-backed solution on the XRP Ledger, Ripple positions itself as a bridge for institutions exploring faster, more efficient settlements. Why does this matter? If RLUSD draws significant institutional volume, it could transform XRP from a niche blockchain into a central player in global payments, reshaping how traditional finance engages with digital assets. Conclusion RLUSD’s surge marks a turning point for the XRP ecosystem, providing institutions a seamless bridge between USD stability and blockchain efficiency. Growing adoption could drive unprecedented activity on the XRP Ledger, positioning Ripple at the forefront of digital finance. Well, the key question remains whether RLUSD could spark a new era of XRP trading?

11 Mar 2026, 16:02

Mastercard’s New Crypto Program Sparks Industry-Wide Blockchain Push

Mastercard started a global program to expand compliant blockchain payment solutions. Over 85 companies, including Binance and Ripple, have joined the initiative. Continue Reading: Mastercard’s New Crypto Program Sparks Industry-Wide Blockchain Push The post Mastercard’s New Crypto Program Sparks Industry-Wide Blockchain Push appeared first on COINTURK NEWS .