U.S. Presidential candidate served for alleged securities fraud at rally in NYC

This campaign rally probably did not turn out quite as the candidate had envisioned it. Presidential candidate Brock Pierce was served for his connection to alleged securities fraud during his campaign rally in New York City earlier today. Source: Twitter. James Koutoulas, the lawyer leading this case, told Cointelegraph that Pierce was served legal documents in […]

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How banks are integrating crypto AML software for compliance

Virtual asset service providers (VASPs) are looking for effective cryptocurrency compliance solutions as new regulations are introduced globally to combat illicit activity on the blockchain. What solutions are available to them? With the exposure of traditional banks and financial institutions to crypto-assets and all the risks involved, as well as the continued advice from governmental […]

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DeFi carnage, Chef Nomi’s admission, $625K prize for cracking Monero: Hodler’s Digest, Sept. 7–13

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers!   Top Stories This Week   DeFi goes boom as top tokens […]

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Many blockchain projects have ‘smoke-and-mirror’ strategies: Avalanche CEO

Too many make strong claims without evidence. Emin Gün Sirer, founder and CEO of the blockchain protocol, Avalanche, took to Twitter to explain why he considers that many blockchain projects keep applying dubious strategies in the industry. Sirer considers that some projects are based on “lots of hype, lots of technical-sounding claims,” partnership with companies […]

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DeFi: A shrinking window of opportunity

With regulators unlikely to change old-fashioned rules in favor of the emerging market, DeFi might be burdened under fraud and new portions of restrictions. Over the years, we have seen a lot of trends such as initial coin offerings, initial exchange offerings, security token offerings, decentralized autonomous organizations and many more, but none of these […]

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Alongside today’s sanctions, the US charges operators of Russian troll farm with fraud for using U.S. IDs to start crypto accounts

New wire fraud charges against St. Petersburg trolls allege that they stole the identities of U.S. citizens to open crypto accounts. The U.S. filed criminal charges against Russian national Artem Lifshits for his management of an affiliate of the infamous Internet Research Agency, which U.S. authorities accuse of interfering in the 2016 election. The new complaint […]

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