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US senators Warren and Kim press Treasury for CFIUS review of UAE's reported $500 million World Liberty Financial stake
Two Democratic senators on the Senate Banking Committee have asked Treasury Secretary Scott Bessent to determine by March 5 whether CFIUS should review a reported 49% stake worth about $500 million in Trump-linked World Liberty Financial acquired by a UAE government-linked entity. Their request follows a separate House investigation launched last week by Rep. Ro Khanna, intensifying congressional scrutiny of the firm's foreign ties and national security implications.
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Former SafeMoon CEO Braden Karony Receives 8-Year Prison Term and $7.5M Forfeiture
Former SafeMoon CEO Braden John Karony was sentenced to 8 years in prison in Brooklyn federal court after a jury conviction in May 2025 for his role in a multi-million dollar crypto fraud involving SafeMoon’s liquidity pools. He was ordered to forfeit about $7.5 million, with additional restitution to victims still to be set, while prosecutors say more than $9 million in cryptocurrency was misappropriated to fund luxury cars and real estate.
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Coinbase Responds to Federal Reserve's Proposed Reserve Bank Payment Account Framework
On 14 February 2026, Coinbase Global Inc. disclosed it had filed a formal response on 6 February 2026 to the Federal Reserve concerning its proposed Reserve Bank Payment Account framework. The structure, if adopted, could permit eligible non-bank institutions to hold accounts directly with a Reserve Bank and access core U.S. payment settlement systems without intermediary banks. The framework is still under review and has not yet received regulatory approval.
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ZeroDayRAT Spyware Targets Android and iOS Devices, Enabling Full Phone Takeover and Banking Theft
On February 14, 2026, researchers at iVerify reported a mobile spyware platform called ZeroDayRAT that can fully compromise Android and iOS devices. The tool is reportedly sold on Telegram and lets attackers control phones, capture GPS data, access notifications from banking and crypto apps, and intercept SMS one-time passwords. Victims are infected through links in smishing texts, phishing emails, fake app stores, and messaging apps.
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