Chainalysis Urges FATF to Rethink Data Demands on Crypto Exchanges
Blockchain
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Blockchain
56 views

Chainalysis Urges FATF to Rethink Data Demands on Crypto Exchanges

btcethereumadmin - April 12, 2019

The FATF has required what the company calls “onerous” reporting and record-keeping of exchanges. Blockchain analysis firm Chainalysis has hit back at recommendations from intergovernmental financial anti-crime…

California Sentences Bitcoin Trader to 2 Years in Prison Over AML Compliance Failures
Crypto News
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Crypto News
32 views

California Sentences Bitcoin Trader to 2 Years in Prison Over AML Compliance Failures

btcethereumadmin - April 9, 2019

Jacob Burrell Campos will also forfeit over $820,000 after remaining in state custody since August 2018. A LocalBitcoins trader who sold Bitcoin (BTC) to more than 1,000…

Danish Man Faces Over 4 Years in Prison for Laundering $450K With Bitcoin
Crypto News
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Crypto News
10 views

Danish Man Faces Over 4 Years in Prison for Laundering $450K With Bitcoin

btcethereumadmin - April 9, 2019

A 33-year old Danish man laundered $450,000 by depositing dirty money in Bitcoin and sending it to exchanges overseas. A 33-year old Danish man has been sentenced…

Nigeria: Financial Watchdog Receives Petition Against Crypto Exchange Over Account Closures
Bitcoin
107 views
Bitcoin
107 views

Nigeria: Financial Watchdog Receives Petition Against Crypto Exchange Over Account Closures

btcethereumadmin - April 8, 2019

Paxful Inc. has been accused of defrauding Nigerian investors out of millions of dollars worth of crypto through arbitrary account closures. Estonia-based crypto firm Paxful Inc. has…

Artificial Intelligence Helps South Korea Police End $18 Million Crypto Ponzi Scheme
Crypto News
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Crypto News
9 views

Artificial Intelligence Helps South Korea Police End $18 Million Crypto Ponzi Scheme

btcethereumadmin - April 8, 2019

Authorities fed information about related schemes to an “AI Investigator” as part of a sting operation to catch the scheme’s two perpetrators. South Korean police have arrested…

Hong Kong: Illicit Crypto Mining Operations Are Punishable by Fine or Imprisonment
Crypto News
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Crypto News
25 views

Hong Kong: Illicit Crypto Mining Operations Are Punishable by Fine or Imprisonment

btcethereumadmin - April 4, 2019

Hong Kong’s financial watchdog secretary states that illicit crypto mining operations are subject to local trading law. The secretary of Hong Kong’s Financial Services and the Treasury…

India: Interim Bail Granted to Two Brothers Accused in $300 Mln Crypto Ponzi Scheme
Bitcoin
19 views
Bitcoin
19 views

India: Interim Bail Granted to Two Brothers Accused in $300 Mln Crypto Ponzi Scheme

btcethereumadmin - April 4, 2019

The Supreme Court of India has granted interim bail to two brothers who are among the chief suspects accused of running a Bitcoin (BTC)-related Ponzi scheme. The…

Canada Seizes $1.4 Million Bitcoin Holdings in Reportedly Largest Ever Forfeiture
Bitcoin
16 views
Bitcoin
16 views

Canada Seizes $1.4 Million Bitcoin Holdings in Reportedly Largest Ever Forfeiture

btcethereumadmin - April 4, 2019

A case involving a drug dealer has concluded after he failed to convince a judge his Bitcoin earnings were legitimate. A Toronto judge has ruled an online…

Ukrainian Man Faces up to 6 Years in Jail for Cryptojacking on His Own Websites
Bitcoin
88 views
Bitcoin
88 views

Ukrainian Man Faces up to 6 Years in Jail for Cryptojacking on His Own Websites

btcethereumadmin - March 28, 2019

The Cyber Police of Ukraine have arrested a man who placed crypto mining malware on his own websites with 1.5 million monthly visitors. Ukraine’s Cyber Police have…

Report: Lazarus Hacker Group Adopts New Methods, Continues Targeting Crypto
Blockchain
120 views
Blockchain
120 views

Report: Lazarus Hacker Group Adopts New Methods, Continues Targeting Crypto

btcethereumadmin - March 27, 2019

The purported North Korea-backed hacker group Lazarus is still targeting crypto, while adopting new techniques, according to a new report. Alleged North Korea-sponsored cybercrime group Lazarus is…