MacKenzie Sigalos
Technology Correspondent at CNBC
Covering tech @CNBC | Former @CNN in Hong Kong & NY with @FareedZakaria & @AndersonCooper | DMs open
Articles
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1 week ago |
nbcnews.com | MacKenzie Sigalos
The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called " pig butchering " scams that have cost victims billions globally. Federal prosecutors filed a civil forfeiture action targeting more than $225 million in cryptocurrency traced to a sprawling web of fraudulent investment platforms. Victims were tricked into believing they were investing in legitimate crypto ventures, only to be scammed by criminal networks often operating overseas.
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1 week ago |
cnbc.com | MacKenzie Sigalos
Jeremy Allaire, CEO of Circle Internet Group, the issuer of one of the world's biggest stablecoins, and Circle co-founder Sean Neville pose outside the New York Stock Exchange (NYSE), on the day of the company's IPO in New York City, U.S., June 5, 2025. NYSEShares of Circle and Coinbase rallied on Wednesday, as Wall Street cheered the Senate's passage of the GENIUS Act, which would establish a federal framework for U.S. dollar-pegged stablecoins.
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1 week ago |
flipboard.com | MacKenzie Sigalos
7 hours agoUS stocks gain ground with Fed decision approachingU.S. stocks gained ground at midday with all eyes on the Federal Reserve's interest rate announcement this afternoon. The S&P 500 was up 0.5%, about 27 points, near 6,010, and the Dow 30 Industrials added 176 points, 0.4%, to trade near 42,391.
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1 week ago |
nbcnewyork.com | MacKenzie Sigalos
• Hackers sent the stolen funds to vanity addresses they likely can’t access, effectively destroying it, blockchain analytics firm Elliptic said. • The "Predatory Sparrow" hacker group claimed responsibility and also said it breached Iran’s state-owned Bank Sepah earlier this week. • Elliptic has linked the exchange to sanctioned ransomware operatives and wallets tied to Hamas, Palestinian Islamic Jihad, and the Houthis.
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1 week ago |
cnbc.com | MacKenzie Sigalos
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailStablecoin showdown moves to the House after Senate clears crypto’s landmark billCNBC’s MacKenzie Sigalos reports on the Senate’s passage of the GENIUS Act — the first federal framework for U.S. dollar-pegged stablecoins — marking a major victory for the crypto industry after a $250 million election push.
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