Twenty-five Canadians have been charged in a complex 'grandparent scam' that defrauded elderly Americans out of more than $21 million. Allegedly, the scammers targeted seniors using false pretenses and fear tactics. The operation involved multiple call centers in Montreal, with many victims across 46 states. Authorities are working closely to curb these fraud schemes.

OKX, a cryptocurrency trading firm, pleaded guilty in U.S. District Court for operating as an unlicensed money transmitter, agreeing to pay $504 million in penalties.