US SEC Issues Fresh Investor Alert Against Fraudulent Digital Asset Trading Sites

The U.S. SEC and CFTC have jointly issued an alert warning investors against fraudulent websites purporting to operate advisory and trading businesses. The United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have jointly issued an alert warning investors against fraudulent websites purporting to operate advisory and trading businesses. The […]

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Binance Singapore Launches But Offers Just One Trading Pair, Report

Users of Binance’s new Singapore platform are reportedly only able to purchase bitcoin using Singapore dollars during the “soft launch.” Binance has launched a new cryptocurrency exchange in Singapore after months of anticipation, TechCrunch reported on April 23, albeit with limited features. Users of the platform are only able to purchase bitcoin (BTC) using Singapore dollars (SGD,) meaning […]

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Brazilian Police Arrest Suspect for Money Laundering With Bitcoin

Brazilian police have arrested a man for operating a clandestine drug laboratory and money laundering using the leading cryptocurrency bitcoin. Brazilian police have arrested a man for operating a clandestine drug laboratory and using the leading cryptocurrency bitcoin (BTC) to launder the proceeds, Cointelegraph Brasil reported on April 24. The State Department of Drug Trafficking […]

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US: Two Men Plead Guilty to Selling Drugs for Crypto and Laundering $2.8 Million

Two men plead guilty for illicitly selling steroids and controlled substances and laundering millions of dollars in crypto. Manhattan District Attorney Cyrus R. Vance announced on April 23 that two men plead guilty for illicitly selling steroids and controlled substances and laundering millions of dollars in cryptocurrencies and Western Union payments. Callaway Crain, 35, and […]

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