Search Results for: Criminal Activity

Nigerian Central Bank Says It Will Release New Banknotes in December — Naira Falls to New Low

avtor

Starting December 15, Nigerians will be using newly-designed 100, 200, 500 and 1,000-naira banknotes, the governor of the Central Bank of Nigeria (CBN) has said. The announcement has since resulted in the naira’s parallel market exchange rate versus the U.S. dolar…

US Charges Russians, Venezuelans for Sanctions Evasion Using Cryptocurrency

avtor

A group of Russian and Venezuelan nationals have been charged by U.S. authorities for their roles in a scheme to circumvent Western sanctions and launder money on a global scale. They have been accused of obtaining military technologies from American companies,…

Izrael prepoveduje gotovinske posle za zneske, ki se začnejo tako nizko kot $1,700

avtor

New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. Cilj, as stated by the country’s tax authority, is to improve the fight against organized crime, pranje denarja, and tax…

Belorusija je sprejela pravni postopek za zaseg nedovoljene kriptovalute

avtor

Izvajanje nedavno podpisanega predsedniškega odloka, beloruska vlada je uvedla postopek, ki državi omogoča zaseg imetja digitalnih valut. Ta poteza bo organom pregona v Minsku podelila pooblastila za zaseg kripto sredstev, povezanih z nezakonitimi dejavnostmi. Justice…

Brazilski kongres namerava v prihodnjih mesecih sprejeti enoten kripto okvir

avtor

The Brazilian Congress is trying to approve a cryptocurrency legal framework before the end of Q2. According to reports from local media, The proponents of the different law projects presented in the Senate and the Congress have stated they will seek…

Crypto’s Sanction-Slipping Power: Why Bitcoin’s Neutrality Is Its Greatest Humanitarian Asset

avtor

Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to relatives in a war-torn environment, someone else’s politics is the last…

Crypto Exchange Bitmex’s Founders Plead Guilty to Bank Secrecy Act Violations

avtor

The founders of cryptocurrency derivatives exchange Bitmex, Arthur Hayes and Benjamin Delo, have pled guilty to violations of the U.S. Bank Secrecy Act. “As a result of its willful failure to implement AML and KYC programs, Bitmex was in effect a…

FBI Launches ‘Virtual Asset Exploitation Unit’ With Specialized Team of Crypto Experts

avtor

The Federal Bureau of Investigation (FBI) has launched a new unit to tackle crypto exploitation. The new team will work with the National Cryptocurrency Enforcement Team of the Department of Justice (DOJ) to combat “the criminal misuse of cryptocurrencies.” FBI Establishes…

Electricity Consumption Spikes in Irkutsk as More Russians Start Mining Cryptocurrency

avtor

Electricity suppliers in the Russian region of Irkutsk have registered a surge in power consumption in residential areas which they are blaming on cryptocurrency mining. Planes with mining equipment from restricted China continue to land in the region, and cases of…

Cryptsy CEO Indicted for Defrauding Crypto Investors, Destroying Evidence

avtor

The CEO of cryptocurrency exchange Cryptsy has been indicted in the U.S. The 17-count indictment charges the crypto exchange executive with “tax evasion, wire fraud, pranje denarja, computer fraud, tampering with records, documents, and other objects, and destruction of records in…