Rover is a liquid staking protocol on the Spiderchain. Rover enables Bitcoin holders to stake and participate in DeFi, all the while maintaining liquidity.
Odaily News: Eric Halem, a former Los Angeles police officer, has been sentenced to life in prison plus an additional 15 years in state prison for a home invasion robbery involving the transfer of $350,000 in Bitcoin from a 17-year-old victim. Halem will be eligible for parole after 7 years. Prosecutors stated that at approximately 2:30 AM on December 28, 2024, Halem and three other men entered an apartment in Koreatown, handcuffed two victims, and transferred funds from their cryptocurrency accounts while also taking cash and jewelry. The suspects drove a Range Rover and a Lamborghini Urus registered under Halem's car rental company and wore vests marked with police insignia. They gained entry to the apartment using a gate code provided by an accomplice who had previously rented the property. Halem served 13 years with the Los Angeles Police Department and had been separated from the force for nearly two years at the time of the incident, though he still held reserve officer status. He also faces charges related to insurance fraud and another cryptocurrency robbery that occurred days before this incident; those matters remain allegations at this stage.
the Brazilian Federal Police, in Operation Commodity, have cracked down on a drug trafficking gang that laundered money through cryptocurrency. Since 2021, the gang has smuggled over 6.5 tons of cocaine to Europe via the Port of Rio de Janeiro, hiding the drugs in shipments of coffee, cement, and mortar. The operation covered the states of São Paulo, Minas Gerais, Santa Catarina, and Espírito Santo. Police executed 13 preventive arrest warrants and 44 search and seizure warrants. The court ordered the seizure of assets and the freezing of up to 1 billion Brazilian reais, approximately $196 million. According to police, the gang is linked to the Primeiro Comando da Capital (PCC) and Comando Vermelho (CV), and laundered money through a luxury car dealership in the Greater São Paulo area and shell companies. The dealership in question sold vehicles such as Ferrari, Porsche, Corvette, and Land Rover. Those involved used shell companies to issue invoices lacking supporting documentation, funneling drug trafficking proceeds into the Brazilian financial system and using cryptocurrencies to conceal transactions. The suspects will face charges including transnational criminal organization, international drug trafficking, and money laundering.