The case of an attempted robbery that ended with a cryptocurrency multimillionaire jumping from his second-floor balcony will be heard in Norweigan courts next month. The case of an attempted robbery that ended with a cryptocurrency multimillionaire jumping from his second-floor balcony will be heard in Norweigan courts next month. Local broadcaster TV 2 reported […]
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U.S. court cases against crypto and blockchain firms are inconclusive, but international cases appear to be showing clear support for cryptocurrency. Over the last 24 months, all major legal systems have been floundering to develop a regulatory framework that can be applied across the blockchain industry. This lack of a standard foundation has led to […]
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Vinnik appears to be a “strategic intellectual resource” following extradition requests from multiple countries and alleged ties to an elite Russian cyber-espionage unit. On July 25, 2019, United States prosecutors filed a complaint against the defunct cryptocurrency exchange BTC-e and its alleged former operator, Alexander Vinnik. The indictment was filed nearly 24 months after Vinnik […]
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U.S. prosecutors are indicting a defunct crypto exchange and a senior executive for failing to comply with AML and KYC regulations and money laundering. United States prosecutors have filed a complaint against now-defunct crypto exchange BTC-e and its suspected operator Alexander Vinnik, according to a document filed in the Northern District of California on July […]
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John McAfee appears to have been released following arrest and detainment in the Dominican Republic, where police seized high-calibre weapons from his yacht. Cryptocurrency enthusiast and antivirus software namesake John McAfee appears to have been released by authorities in the Dominican Republic today. McAfee posted a picture on his official Twitter account with the caption: […]
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The Department of Justice has indicted a New Jersey resident for failing to register his Bitcoin exchange with the U.S. Treasury. William Green, a 46-year-old New Jersey resident, was indicted by a federal grand jury on account of allegedly running an unlicensed money transmission service. The United States Department of Justice (DoJ) announced the indictment […]
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Bitcoin has staged a significant recovery from the 2018 bear market price decline, but altcoins continue to slide even lower. Bitcoin (BTC) has more than tripled in 2019, moving from under $4,000 at the start of the year and then topping out at a little under $14,000 in June. In the earlier part of 2019, […]
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A Tel Aviv resident has been arrested and accused of international phishing fraud, using a collection of websites to steal cryptocurrencies. Eliyahu Gigi, a 31-year-old from Tel Aviv, has been charged with stealing over $1.7 billion in a variety of cryptocurrencies. Gigi allegedly stole BTC, Ethereum, and Dash from users in the Netherlands, Belgium, and […]
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A brief recap of this week’s U.S. Congress hearings on Libra. The United States Congress’ hearings on Libra are over. First, on July 16, the Senate Banking Committee held a testimony on Facebook’s cryptocurrency project, which was followed by a meeting organized by the House of Representatives Financial Services Committee on the next day. David […]
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David Marcus, head of Facebook’s crypto wallet Calibra, stressed that Facebook will launch the Libra cryptocurrency project only after they address all regulatory concerns. David Marcus, CEO of Facebook’s crypto wallet Calibra, underlined that Facebook would not launch the Libra cryptocurrency project before they address all regulatory concerns. Marcus delivered his comments at a hearing […]
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