“The US caught a top-ten most-wanted fugitive when they arrested Ryan Wedding, a former top snowboarder who is said to have used digital assets in his crimes.”, — write: www.coindesk.com
US Attorney General Pam Bondi called Wedding a “onetime Olympian snowboarder-turned alleged violent cocaine kingpin,” in a statement, and she said he’s been flown to the US to face charges. Wedding had been on the list of the Federal Bureau of Investigation’s top-10 wanted fugitives for accusations of cocaine trafficking and murder, and FBI Director Kash Patel said in a posting on social media site X that he’d been captured in Mexico.
Wedding, who the FBI said had been associated with the Sinaloa Cartel, was sanctioned by the US Department of the Treasury’s Office of Foreign Assets Control in November.
“His criminal organization uses cryptocurrency to move and launder the proceeds of drug trafficking, concealing vast sums of illicit wealth,” the Treasury Department said in that notice.
The 44-year-old had competed for Team Canada in the Salt Lake City Olympics of 2002, finishing 24th in his event that year. The year before, in the Junior World Championships, he’d won a silver medal.
KuCoin captured a record share of centralized exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the broader crypto market.
- KuCoin recorded over $1.25 trillion in total trading volume in 2025equivalent to an average of roughly $114 billion per monthmarking its strongest year on record.
- This performance translated into an all-time high share of centralized exchange volumeas KuCoin’s activity expanded faster than aggregate CEX volumeswhich slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly spliteach exceeding $500 billion for the year, signaling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activityreinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activityindicating structurally higher user engagement rather than short-lived volume spikes.
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The latest draft of the major crypto legislation has begun to be targeted with amendments as the Senate Agriculture Committee approaches its hearing next week.
- Proposed amendments to the Senate Agriculture Committee’s crypto market structure bill have been posted, and the Democrats filing the pitches are seeking to push a number of the points they’ve sought over months of negotiation.
- Democrat amendments include proposals for banning senior government officials from profiting off of crypto interests and a demand for filling the Commodity Futures Trading Commission before new rules can be put in place.
- The committee’s markup hearing for the bill is currently scheduled for next week, although a winter storm threatens the US capital.
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