Spanish authorities dismantle crypto investment fraud ring which laundered over 500 million in illicit proceeds

Spanish authorities, in collaboration with Europol and other agencies, unraveled a crypto investment scam that affected over 5,000 victims globally, resulting in five arrests and a laundering of around 539 million USD.

Ripple has introduced a permissioned DEX on the XRP Ledger that enhances compliance for institutional entities, allowing them to engage in decentralized finance within a regulatory framework.