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Nintendo seeks $4.5m against reddit moderator accused of pirating Switch games, in latest crackdown against piracy
Game Reviews

Nintendo seeks $4.5m against reddit moderator accused of pirating Switch games, in latest crackdown against piracy

by admin October 7, 2025


Nintendo is seeking $4.5m in damages against a reddit moderator the company has accused of pirating its games.

The lawsuit was filed earlier this month with the US District Court for the Western District of Washington (thanks OatmealDome), and according to a document, Nintendo is accusing James Williams (known as “Archbox”) of piracy having “facilitated a network of unauthorised ‘shops’…that have offered to the public extensive libraries of pirated Nintendo Switch games for download.”

Nintendo has accused Williams of copying and distributing its games, as well as actively promoting their distribution as a moderator on the SwitchPirates reddit group.

Super Mario Galaxy + Super Mario Galaxy 2 – Overview Trailer – Nintendo SwitchWatch on YouTube

“Since 2019, Williams has been either directly or indirectly the owner, manager, operator, creator, administrator, supplier, and/or overseer of several online Pirate Shops, and has worked to actively promote these Pirate Shops to communities consisting of many thousands of individuals,” the document reads.

Williams has been “instrumental in the planning, development, functioning, and proliferation” of these shops, while further promoting the shops, soliciting donations, and offering “technical advice and encouragement” through his position as moderator on reddit.

Further, Nintendo claimed Williams was “directly involved in creating, promoting, and distributing the Circumvention Software to facilitate widespread use of the Pirate Shops”.

Ahead of this lawsuit, Nintendo sent Williams a cease and desist letter back in March 2024. In response, Williams acknowledged his conduct violated Nintendo of America’s rights and “stated that he would work with NOA to satisfy its demands”. However, Nintendo claimed he did not agree to cease his conduct and denied involvement with the piracy shops.

“When NOA requested that Defendant confirm in writing that he would comply with NOA’s demands, he became combative and uncooperative,” said Nintendo.

Since then, some of the piracy shops (or their content) have become inaccessible, while Williams is also accused of deleting or hiding evidence relevant to Nintendo’s claims (such as social media posts).

Nintendo sent Williams a final opportunity to comply in May 2024, to which he stated an attorney would be in contact with Nintendo. However, “NOA never received any such outreach, and its efforts to contact Defendant’s purported counsel were ignored,” the document reads.

As a result, Nintendo has requested a default judgement be granted against Williams, along with damages of $4.5m due to a number of violations including copyright infringement, trafficking in circumvention devices, and breach of contract.

“Here, the amount of money sufficient to remedy NOA’s injury would be extremely difficult to quantify; but it is indisputable that such amount would be large,” the document reads. “Therefore, the money at stake by this Motion is nowhere near an amount that would compensate NOA for the seriousness of Defendants’ conduct.”

This lawsuit is the latest in Nintendo’s ongoing actions against piracy.

Back in March, Nintendo claimed its victory over French file-sharing company Dstorage was “significant…for the entire games industry”. Then, in July, the FBI seized a number of ROM piracy sites it claimed had seen cumulative downloads of 3.2m in just three months, representing “an estimated loss of $170m.



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October 7, 2025 0 comments
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Stablecoin
Crypto Trends

Stablecoin Crackdown: European Central Bank Gathers Backing For Joint Issuance Ban

by admin October 1, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The European Central Bank (ECB) is reportedly gaining traction in its pursuit of a ban on multi-issuance stablecoins across the European Union (EU). This move comes in light of recommendations from the European Systemic Risk Board (ESRB), which is tasked with safeguarding Europe’s financial integrity.

Multi-Issuance Stablecoins Under Fire

Last week, the ESRB approved a recommendation that advocates for a prohibition on multi-issuance stablecoins. Sources familiar with the discussions, told Bloomberg that this guidance was sanctioned by a board comprising central bank governors and EU officials. 

Under the multi-issuance model, licensed providers in the EU are required to hold local reserves in at least one member state while simultaneously managing reserves for identical tokens issued abroad. 

The ECB, under the leadership of President Christine Lagarde, has been a vocal advocate for the proposed ban, stressing the need for clearer safeguards around the operation of such stablecoins within the European Union.

The implications for existing stablecoin companies, such as Paxos and Circle (CRCL), which are already licensed to operate under the multi-issuance framework, remain uncertain. 

Growing Concerns Over Financial Stability

Both Paxos and Circle primarily operate out of the US, known for its crypto-friendly regulations under President Donald Trump’s vision of transforming America as the “crypto capital of the world”, which has raised concerns among some European regulators. 

Concerns have been repeatedly voiced by ECB officials regarding the potential risks posed by these dollar-pegged stablecoins to both financial stability and monetary sovereignty in Europe. 

Lagarde has previously warned that foreign holders of stablecoins may create significant “legal and operational risks” for European Union-based issuers, emphasizing the need for regulatory clarity.

Despite this, the European Central Bank does not have direct authority over the implementation of regulations governing digital assets in the EU. The European Commission has yet to adopt an official stance on the matter. 

Judith Arnal, a board member at the Bank of Spain and an associate senior research fellow at the Centre for European Policy Studies, highlighted in a recent paper that the ongoing debate over multi-issuance stablecoins poses a more profound challenge to the credibility of the Markets in Crypto-Assets (MiCA) framework. 

She cautioned that a regulatory landscape characterized by disputes among the ECB, the Commission, and the European Parliament could send a troubling message internationally, suggesting that MiCA may be fragile and open to varying interpretations.

In conjunction with these developments, the ECB has been working since 2021 to establish a central bank digital currency (CBDC) tied to the euro, although it is still waiting for the necessary legal framework to move forward. 

The daily chart shows the total crypto market cap at $3.8 trillion. Source: TOTAL on TradingView.com

Featured image from DALL-E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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October 1, 2025 0 comments
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Crypto
GameFi Guides

Crypto ATM Scams in Arizona Face Incoming Crackdown

by admin September 28, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Arizona is rolling out a new law aimed at cutting down scams that use crypto kiosks. According to reports, state officials say residents lost about $177 million to schemes tied to crypto ATMs.

There are roughly 600 of those machines across the state, and lawmakers moved quickly after steep losses and repeated complaints from victims, many of them older adults.

New Limits And Refund Rules

Under the new rules, operators must put limits and safety checks on the kiosks. Based on reports, new customers will be capped at $2,000 per day.

Existing users can move up to $10,500 per day. Operators must show clear warnings on the screen and get users to acknowledge them before the cash is turned into crypto.

If a new user was tricked into using a kiosk, the operator must issue a full refund, including fees, if the fraud is reported within 30 days. Receipts are required for every transaction.

Arizona cracks down on crypto ATM scams that cost residents $177 million https://t.co/nx3vHKRB5G

— Tucson Sentinel (@TucsonSentinel) September 27, 2025

How Scams Work And Who Is Targeted

Scammers commonly impersonate banks, government offices or family members. They call or message victims and tell them to rush to a kiosk and pay cash into a crypto wallet to “resolve” a fake emergency.

Once the cash is sent, it can be very hard to get back. Reports have disclosed that older adults are hit hardest and that individual losses can run into tens of thousands of dollars. Lawmakers said those patterns made clear why stricter rules were needed.

Total crypto market cap currently at $3.73 trillion. Chart: TradingView

Technology And Enforcement Tools

The law also encourages the use of anti-fraud tools, including blockchain analytics software that can flag suspicious wallet activity. Operators will be expected to adopt systems that detect red flags before money moves out.

Enforcement falls to the state Attorney General’s office, which can investigate and impose penalties when operators fail to follow the rules. Authorities say monitoring will be key, and that cooperation from kiosk owners and payment firms will matter.

Enforcement Challenges Ahead

The law does not ban crypto ATMs. It regulates them. That means success will depend on how well the rules are enforced and whether operators actually comply.

Some consumer advocates have pushed for stricter curbs on high-value transactions. Questions remain about coverage for victims who lost money before the law took effect.

Reports suggest some law enforcement officials want wider powers to freeze suspect wallet addresses, but those steps bring technical and legal hurdles.

Featured image from Unsplash, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





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September 28, 2025 0 comments
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crypto
Crypto Trends

Over 200 Residents Lose Crypto In South Korea Tax Crackdown

by admin September 23, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Cheongju city authorities have moved to collect unpaid local taxes by seizing cryptocurrencies from residents, according to reports. Since 2021, officials say they targeted 203 people who failed to pay local levies.

Of those, crypto from 161 individuals was already frozen or taken, with the city estimating the recovered value at about 1.5 billion won (roughly $1.1 million).

City Opens Exchange Account

According to city statements, Cheongju created a trading account on a domestic crypto exchange to make seizure and conversion easier. The change matters because it lets officials not only freeze assets but also sell them and apply the proceeds to overdue tax bills.

Officials told reporters they now have a clearer path to turn crypto holdings into cash for tax recovery.

How The Seizures Are Carried Out

Reports describe a multi-step process. Tax offices identify residents with unpaid bills. They then request information from exchanges to see whether those people hold virtual assets.

When ownership is confirmed, exchanges are ordered to suspend transactions or to transfer the assets to the municipal account. If the taxpayer does not settle the debt, the city may liquidate the holdings and use the proceeds to cover what is owed.

As of today, the market cap of cryptocurrencies stood at $3.85 trillion. Chart: TradingView

Other Local Governments Have Taken Similar Steps

Several other South Korean cities and districts have used similar tactics. Jeju City investigated 2,962 people for unpaid taxes and found 49 of them holding crypto worth about 230 million won.

Jeju’s wider unpaid-tax list totaled about 19.7 billion won. Gwacheon, in Gyeonggi Province, built an “electronic virtual asset seizing system” and has recovered roughly 300 million won over recent years, targeting residents who owe more than three million won in local taxes.

Paju sent notices to 17 people who owed about 124 million won and has previously seized around 100 million won in similar cases.

Implications And Concerns

The moves underline how local governments are pressing exchanges for data and exercising legal powers to collect taxes. Some citizens and observers worry about transparency and due process.

Questions include how quickly exchanges must act, whether taxpayers receive fair notice, and how volatility is handled when assets are sold. Reports also note growing use of data tools, including AI, by some cities to find undeclared holdings.

City Officials Say They Want Compliance

Based on reports, city leaders framed the actions as an effort to stop tax evasion through virtual assets. They have warned residents that cryptocurrency cannot be used to hide from tax obligations.

Still, legal challenges could arise, and appeals from affected residents may push some cases into the courts.

Featured image from Unsplash/Matthew Schwartz, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 23, 2025 0 comments
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Esports

YouTube launches Netflix-style crackdown on password-sharing Premium subscribers

by admin September 10, 2025



YouTube Premium users may soon find themselves cut off if they’re sharing their family plan outside of their household as the platform begins enforcing long-standing rules in a Netflix-style crackdown.

Subscribers who share a YouTube Premium or YouTube Music family plan with people at different addresses have started receiving warning emails. According to Android Police, the notices state that memberships will be paused within 14 days if all members don’t comply with YouTube’s household policy.

Article continues after ad

The email reads: “Your YouTube Premium family membership requires all members to be in the same household as the family manager. It appears you may not be in the same household as your family manager, and your membership will be paused in 14 days.”

Losing Premium means subscribers can still use YouTube and YouTube Music, but only with ads and without extra features.

YouTube takes aim at password sharing

The enforcement mirrors Netflix’s controversial password-sharing crackdown, which blocked non-household members from using accounts unless they paid for additional slots.

Article continues after ad

Article continues after ad

YouTube first rolled out its same-household requirement in 2023, but this marks the clearest sign yet that it’s ramping up enforcement.

Unsplash: Ella Don/YouTube

Despite the wave of warning emails, YouTube insists nothing has officially changed. A spokesperson told CNET: “Our family plan policy hasn’t changed and we are continuously enforcing it.”

Still, the move comes as YouTube faces backlash over Premium price hikes. In some cases, families pay close to $500 annually for access to ad-free videos and music, a steep cost that makes sharing accounts an appealing workaround.

Article continues after ad

The password-sharing crackdown is just the latest controversy surrounding Premium. The Google-owned platform has also faced criticism over alleged hidden “restricted content” in search results, which it denies.

Between rising prices and tighter restrictions, many subscribers could soon be asking whether YouTube Premium is still worth the cost.



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September 10, 2025 0 comments
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Decrypt logo
Crypto Trends

California Man Sentenced in $37M Crypto Scam Amid Ongoing DOJ Crackdown

by admin September 9, 2025



In brief

  • Shengsheng He was sentenced to 51 months for laundering nearly $37M stolen in a crypto investment scam.
  • The funds were moved through a Bahamas-based shell company, converted to crypto, and sent to scammer wallets.
  • The case is part of a wider DOJ crackdown on global crypto fraud and online money laundering.

Shengsheng He, a California man who helped launder nearly $37 million stolen from U.S. investors through a global cryptocurrency scam, was sentenced Monday to 51 months in federal prison and ordered to pay $26.9 million in restitution, federal prosecutors said.

A resident of La Puente, California, He pleaded guilty in April to conspiracy to operate an unlicensed money transmitting business.

According to the Justice Department, He co-owned Axis Digital Limited, a Bahamas-based company used to receive and transfer victim funds.

The scheme relied on unsolicited messages, phone calls, and dating app conversations to build trust with victims.



“The co-conspirators then promoted fraudulent digital asset investments to the victims,” the DOJ wrote. “Scammers would tell victims that their investments were appreciating in value when, in fact, the funds the victims sent to the scammers had been stolen.”

Once victims sent money, the funds were funneled into a single Axis Digital account at Deltec Bank in the Bahamas, then converted into the Tether (USDT) stablecoin and moved to wallets controlled by the scammers.

Authorities said the funds were routed through shell companies and overseas accounts to obscure their origin.

Prosecutors said the scam operated out of Cambodian “pig butchering” centers, where criminals use social engineering to defraud victims.

Pig butchering scams are typically high-volume digital fraud schemes, and in 2024, netted $9 billion according to Chainalysis. Victims believed they were investing in legitimate digital assets, but their money was being laundered across a network of accounts spanning multiple countries.

The Department of Justice did not respond to a request for comment by Decrypt.

He’s case is part of a broader crackdown on crypto-related fraud. In recent months, the Justice Department has seized digital assets linked to terrorist financing, returned millions to victims of investment fraud, and targeted offshore exchanges used to launder illicit funds.

In March, prosecutors seized $201,000 in crypto linked to Hamas. In July, the DOJ began returning $7.1 million to victims of a $97 million oil and gas fraud scheme.

Authorities have also taken down domains tied to Russian-run exchanges accused of processing more than $800 million in illicit transactions.

Eight co-conspirators have pleaded guilty in the Axis Digital case, including Jose Somarriba and Jingliang Su, two of He’s business partners. Su, a Chinese national, helped convert and transfer stolen funds.

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September 9, 2025 0 comments
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Tether, Binance, Chainalysis aid $47m pig butchering crackdown in APAC
Crypto Trends

Tether, Binance, Chainalysis aid $47m pig butchering crackdown in APAC

by admin August 29, 2025



Following a joint investigation with Chainalysis, OKX, Tether, and Binance, law enforcement in the Asia-Pacific region froze millions of dollars linked to pig butchering scams.

Summary

  • Authorities in the Asia-Pacific region froze nearly $47 million in USDT linked to pig butchering scams after an investigation involving Chainalysis, Tether, Binance, and OKX.
  • Pig butchering crypto scams have intensified over the years, costing victims billions worldwide.

Authorities froze almost $47 million in USDT after investigators traced victim deposits to crypto scam wallets operating out of Southeast Asia. Per the official report, investigators used Chainalysis’ blockchain tracing tools to follow funds from victims across dozens of addresses, uncovering transfers made between November 2022 and July 2023 to pig butchering wallets controlled by scammers.

In some cases, victims made multiple transfers within a single month, while others continued sending funds for as long as seven months into the same fraudulent addresses.

The stolen funds, amounting to about $46.9 million, in USDT (USDT) were initially consolidated in a single wallet, before being spread across five wallets. To maintain credibility with victims, scammers sent back small amounts, about $63,900 in one instance, to make the fake investments appear real. 

Once the scam network was mapped, Chainalysis shared intelligence with exchanges and regional authorities. Acting on this, stablecoin issuer Tether froze the funds in June 2024, with Binance and OKX helping confirm links between the wallets and scam activity.

We’re honoured to have worked with @okx, @Binance & @Tether_to alongside APAC law enforcement to investigate and freeze $50M in USDT tied to pig butchering scams.

🤝 Powerful example of how industry collaboration can combat sophisticated financial crime networks. Read more:…

— Chainalysis (@chainalysis) August 28, 2025

This action follows a similar U.S. case in late 2023, when Tether and OKX assisted the Department of Justice in freezing $225 million in USDT linked to human trafficking and romance scams. The seizure became one of the largest crypto cases in the agency’s history, with the funds eventually recovered a few months ago to provide restitution for victims.

What are pig butchering scams?

Pig butchering, sometimes called “romance” or “investment” scams, involves criminals building long-term relationships with victims, often through dating apps or random text messages. Once trust is gained, victims are persuaded to invest in fake opportunities, including fraudulent crypto schemes, before the scammers cut off all contact.

The illicit funds are usually laundered through various channels before being cashed out. The name “pig butchering” comes from the way fraudsters “fatten up” victims with trust before “slaughtering” them financially. 

Initially targeting Asian victims, these schemes now reach victims worldwide, with losses running into billions annually. In 2024, pig butchering scams wiped out $3.6 billion from the crypto industry, making them one of the biggest threats to the industry. 

Need for strong security measures to combat crypto scams

Beyond pig butchering scams, the crypto industry faces a wider range of threats from malicious actors. So far this year, losses from various scams and hacks have exceeded $3.1 billion. Despite the recoveries and crackdowns on these networks, the consistent trend of attacks, particularly as malicious actors adapt their tactics, highlights the need for stronger defenses. 

Educating users and strengthening industry-wide security practices are crucial to reducing exposure, and continued collaboration between industry members and law enforcement is essential to create a powerful front and ensure a safer crypto ecosystem.





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August 29, 2025 0 comments
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