‘Huge Cash Flows’: Lithuania Voices Concern Over ICO, Crypto Trading

Lithuanian regulators are focusing on ICOs and cryptocurrency trading in new investigations and potential policy reforms. Lithuanian authorities held a seminar examining the “threats and potential benefits” of Initial Coin Offerings (ICO) to the country’s economy, a press release reported Wednesday, October 3, amid an ongoing investigation into cryptocurrency trading habits. The Financial Crime Investigation […]

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US: CFTC Chair Notes Crypto Cases in Record Year of Enforcement Actions

At a recent event in Minneapolis, CFTC chairman Christopher Giancarlo noted increased enforcement actions last year, partly due to fraudulent crypto cases Christopher Giancarlo, the chairman of U.S. Commodity Futures Trading Commission (СFTC), said in an Oct. 2 speech that enforcement actions and fines increased significantly in the last fiscal year. Giancarlo presented at the […]

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US DoJ Charges 7 Russian Intelligence Officers With Crypto-Funded Hacking Attacks

The U.S. Department of Justice has charged seven officers from Russia’s Main Intelligence Directorate with crypto-funded crimes. The U.S. Department of Justice (DoJ) has charged seven officers from Russia’s Main Intelligence Directorate (GRU) with cryptocurrency-funded global hacking and related disinformation operations. The indictment was filed by the grand jury at the Western District of Pennsylvania […]

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Overstock’s Medici Ventures Invests in Blockchain Platform to Fight Wine Counterfeits

Overstock’s investment subsidiary Medici Ventures has funded a blockchain project aimed at fighting wine counterfeit. Overstock.com’s venture capital subsidiary Medici Ventures has invested in Israeli-based technology company VinX to develop a blockchain-powered wine futures platform, according to a press release published October 4. The exact amount of the investment was not disclosed. Per the announcement, […]

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