$46M Crypto Heist Suspect Arrested; Kraken Secures Fed Account

2026-03-07 22:04

A suspect has been arrested in connection with a $46 million cryptocurrency theft from the U.S. Marshals Service. The alleged perpetrator, the son of a government contractor, reportedly stole the funds from his father, who was paid $27 million to manage digital assets for the government. In other news, Kraken has become the first cryptocurrency exchange to secure a Federal Reserve Master Account, a significant milestone that could enhance its banking capabilities. Additionally, Iren is expanding its GPU fleet to 150,000 units, signaling growth in its computational power.

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