Bitcoin ETF proposals show the SEC softening its views and the public remaining ambivalent. It may span only a couple of years, but the history of Bitcoin exchange-traded funds (ETFs) and the United States Securities and Exchange Commission (SEC) is already a long one. Back in March 2017, the SEC rejected the application for a Bitcoin […]
Continue ReadingThe operator of allegedly fraudulent crypto investment scheme CabbageTech has been indicted on nine counts of wire fraud by a U.S. District Attorney. United States Attorney for the Eastern District of New York Richard P. Donoghue unsealed a nine-count indictment against Patrick McDonnell today, according to a press release from the Department of Justice (DoJ) […]
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The U.S. Commodity Futures Trading commission fined a Marshall Islands-based startup and its owner for illegally trading with U.S. customers. The United States Commodity Futures Trading Commission (CFTC) has announced Monday, March 11, that international securities dealer 1pool Ltd. and its CEO Patrick Brunner must pay a total of $990,000 for illicit Bitcoin (BTC) transactions […]
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The U.S. Marshals Service wants to set up a legal procedure for managing confiscated cryptocurrency. United States federal law enforcement agency, the U.S. Marshals Service (USMS), is looking to set up an agent for managing confiscated cryptocurrency, according to public documents released on March 5. The USMS has recently published two draft documents including a […]
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А U.S. District Attorney has charged the founders of a crypto pyramid scheme that involved the marketing of a fraudulent digital currency “OneCoin.” A United States District Attorney has charged the founders of an international cryptocurrency pyramid scheme that involved the marketing of an allegedly fraudulent digital currency called “OneCoin.” The announcement was published by […]
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Crypto exchange Kraken is making a group of new high level appointments, expanding its team by five members. United States-based cryptocurrency exchange Kraken is expanding its team with new high level hires, according to the company’s blog post published on March 7. In the post, Kraken announced five new appointments to its team. The new […]
Continue ReadingThe Russian Commissioner for Human Rights has asked the UN High Commissioner for Human Rights to help extradite Alexander Vinnik to Russia. Russia’s Commissioner for Human Rights has asked the United Nations High Commissioner for Human Rights to help extradite the former operator of now-defunct crypto exchange BTC-e, Alexander Vinnik, from Greece to Russia. The […]
Continue ReadingIranian Bitcoin hackers used the WEX exchange to launder Bitcoin acquired through ransomware, according to a PwC report. Big Four consulting and auditing company PwC has linked Iranian nationals behind Bitcoin (BTC) ransomware scheme SamSam to the crypto exchange WEX in a recent report published in February. The report is based on information that […]
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New York citizen Randall Crater has been charged with the development of an allegedly fraudulent cryptocurrency “My Big Coins” and marketing it to investors. The United States Department of Justice (DoJ) has charged a New York-based operator of a purported cryptocurrency payment services firm with a wire fraud and unlawful monetary transactions. The DoJ announced […]
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Russia’s Commissioner for Human Rights Tatyana Moskalkova has asked the Greek Ministry of Justice to extradite Alexander Vinnik to Russia following his deteriorating health. Russia’s Commissioner for Human Rights Tatyana Moskalkova has asked Greek Justice Minister Michalis Kalogirou to extradite the alleged former operator of now-defunct crypto exchange BTC-e, Alexander Vinnik, to Russia. The news […]
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