ChainCatcher News, U.S. securities regulators have charged a fraud ring, accusing them of impersonating U.S. securities brokers and investment advisors, and defrauding at least $2.9 million through fake websites and phone scams.Since 2019, the group has posed as employees of well-known U.S. securities firms, promising monthly investment returns of 15%-25%. The group instructed investors to open accounts with brokerage firms and cryptocurrency trading platforms to purchase crypto assets, which they then misappropriated. The defendants also directed investors to fake online investment platforms they created, displaying fictitious high returns on these platforms.The victims of this case are primarily U.S. residents, with at least 28 victims and total losses amounting to $2.9 million.

According to ChainCatcher, Fox reporter Eleanor Terrett reported that U.S. Congressman Brad Sherman submitted an amendment to the House Rules Committee, requiring the following to be included in the passed National Defense Authorization Act (NDAA):The Secretary of the Treasury will have "clear authority to prohibit digital asset trading platforms and trading intermediaries under U.S. jurisdiction from transacting with known or reasonably suspected cryptocurrency addresses in Russia."The Financial Crimes Enforcement Network (@FinCENnews) will have the authority to require U.S. taxpayers participating in overseas cryptocurrency transactions exceeding $10,000 to submit FinCEN Form 114 (FBAR).