A 36-year-old man from Kerala was arrested under charges of cryptocurrency fraud. District police have arrested a 36-year-old man from the Malappuram district of the south Indian state of Kerala on charges of operating a cryptocurrency scam. Nishad has been charged under the Prize Chits and Money Circulation Schemes (Banning) Act by the district police […]
Continue Reading
The lawsuit, accusing Overstock of market manipulation through its security token airdrop, has been turfed by a federal judge. A Utah federal judge has tossed out a lawsuit that accused Overstock ($OSTK) of market manipulation by distributing a ‘digital dividend’ of security tokens to shareholders and repeatedly revising retail earnings guidance upward to punish short-sellers. […]
Continue Reading
Blockchain and cryptocurrency have great potential to help us, especially in these challenging times of the global coronavirus outbreak. In March 2020, COVID-19 was declared by the World Health Organization to be a pandemic. Just over six months after that declaration, there have been almost 33 million cases of the disease worldwide and nearly 1 […]
Continue Reading
The owner of a Bulgarian crypto exchange has been convicted of providing money laundering services to a Eastern European cyber fraud syndicate. Rossen Iossifov, a 53-year-old Bulgarian national and owner of the ‘RG Coins’ cryptocurrency exchange, has been convicted of operating a multi-million dollar money laundering ring as part of a transnational auction fraud scheme. […]
Continue Reading
EY has added a new solution to its Blockchain Analyzer product suite. Big four accounting firm EY has launched a new solution for investigating on-chain data including Bitcoin (BTC) transactions. The new Explorer and Visualizer solution launched as a part of the EY Blockchain Analyzer product suite. According to an announcement on Sep. 27, the […]
Continue Reading
The rise of crypto-related crimes and money laundering cases is the result of the increasing mass crypto adoption. The modern world has become too small for comfort. The truth is that technological advancement is a double-edged sword, which has the potential to enhance human lives drastically at many levels and disrupt them in the blink […]
Continue Reading
This alien doesn’t care about taking over the Earth, but it may steal your Bitcoins and dollars. A newly discovered trojan, known as Alien, is attacking crypto apps on Android phones, including Coinbase, Blockchain.com, and Luno. This new malware strain is based on the notorious Cerberus trojan, which wreaked havoc in the Google Play store until the […]
Continue Reading
The desirability of applying U.S. law so broadly to transactions that occur predominantly outside the country. As mentioned in the first and second parts of this story, on March 24, 2020, in a widely reported and closely followed decision, Judge Peter Castel imposed a sweeping preliminary injunction preventing Telegram from issuing its planned crypto asset, […]
Continue Reading
The Australian government-backed supply chain traceability platform Entrust is launching on Hedera Hashgraph. The Australian government-backed agricultural supply chain platform Entrust has announced it will operate on Hedera Hashgraph — a distributed ledger platform claiming a transactional throughput of 10,000 transactions per second. South Australia’s premier, Steven Marshall, officially launched Entrust on September 20, describing […]
Continue Reading
The legal battle between the U.S. SEC and Telegram could be a strong warning against the SAFT process. Telegram is a popular, global, cloud-based instant messaging, videotelephone and voice-over service company. Particularly popular with crypto-enthusiasts, at the end of 2017, Telegram came up with a plan to raise funds to support the development of a […]
Continue Reading