Crypto Heayweight Accused Of $290 Million Scam Among Other Charges

Crypto Israeli investor and prominent businessman Moshe Hogeg is set to face charges for his alleged involvement in a $290 million scam, according to a report by Bloomberg on Wednesday. Over the last two years, Hogeg has been investigated by the Israeli Police for allegedly duping thousands of investors through several proposed crypto businesses.  Related […]

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Israeli Police recommend charges against businessman Moshe Hogeg as global crackdown on crypto scams rages on

In a development that further underscores the escalating global crackdown on crypto scams, Israeli police have accused technology entrepreneur Moshe Hogeg of defrauding investors out of $290 million in a series of cryptocurrency scams, according to Bloomberg.

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Israeli Crypto Entrepreneur Accused of Running $290 Million Scam

Israeli Moshe Hogeg faces charges related to a $290 million crypto scam.

The post Israeli Crypto Entrepreneur Accused of Running $290 Million Scam appeared first on BeInCrypto.

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Israeli crypto bill aims to clarify regulations and attract foreign investors with new tax incentives

On July 5, the Israeli  Knesset approved the preliminary reading of bill that aims to introduce various tax benefits related to digital currencies in an effort to attract foreign investment. The proposed legislation also seeks to provide regulatory clarity for the crypto industry.

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Israeli Lawmakers Support Axing Crypto Capital Gains Tax for Foreigners

A bill exempting foreign residents from capital gains taxes on crypto sales, and lowering tax on stock-options-like crypto options for employees has passed a preliminary reading in the Knesset.

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eToro to cease access to ALGO, MANA, DASH, and MATIC for US customers

Israeli multi-asset investment platform eToro announced that its users in the United States will soon be unable to access Algorand (ALGO), Polygon (MATIC), Decentraland (MANA), and Dash (DASH), following a similar move made by Robinhood.  eToro limits crypto offerings for…

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Israel Has Seized 190 Binance Accounts With Alleged Terrorist Ties Since 2021: Reuters

Israeli authorities say the accounts on crypto exchange Binance belonged to individuals affiliated with Daesh and Hamas.

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Web3 Security Company Ironblocks Takes Aim at Spate of DeFi Hacks

Ironblocks is the latest Israeli startup to build a protocol monitoring solution for crypto.

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Alleged Israeli crime syndicates target Australian crypto investors

Reports suggest that Australian individuals are among the prime targets of a sophisticated cryptocurrency call-center scam network believed to be managed by crime lords based in Israel.

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Israeli authorities to seize all terror-linked crypto wallets

A court in Israel has fully authorized the Defense Ministry to collect cryptocurrencies from online wallets that have previously been used to support terrorist organizations.

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Israeli court rules authorities can seize crypto in 150 blacklisted wallets

Over 150 crypto wallets blacklisted for alleged links to the funding of terror groups can now be drained of all funds following a ruling by an Israeli court.

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Crypto Exchange Bits of Gold Secures Capital Markets License From Israeli Regulator

Bits of Gold, an Israeli-based crypto trading and brokerage firm, announced securing a license from Israel’s financial market regulator, the Capital Markets, Insurance, and Savings Authority. Bits of Gold Gets the Green Light From Israeli Regulator According to Bits of…

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Israeli crypto exchange receives capital markets license in country first

Earlier this week, the Israeli crypto exchange became the first crypto firm in the country to receive a license enabling it to work with local banks.

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Israeli Exchange Bits of Gold Becomes First Crypto Firm to Receive Capital Markets License

The country's capital markets authority recently granted Israel's first crypto license to a private company that is not currently offering digital asset services, making Bits of Gold the first industry player to receive regulatory approval.

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Investment Firm Valkyrie Branches Into Venture Capital With Focus on Israeli Crypto Startups

Veteran venture capitalist Lluis Pedragosa is leading the new team with a $30 million target fund.

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Top Israel bank to start offering crypto trading services

Top Israeli bank, Bank Leumi, is set to become the first bank in the country to enable crypto trading services through its digital platform, Pepper Invest. The post Top Israel bank to start offering crypto trading services appeared first on CryptoSlate.

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Bank of Israel Publishes Draft Guidelines for Crypto Deposits

The draft rules would prevent Israeli banks applying a blanket ban on fiat deposits originating from crypto activities.

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Israeli authorities seize Hamas linked crypto accounts

The Israeli government has confiscated 30 crypto wallets from a small exchange based in Gaza, where the Hamas terrorist group has bolstered its military.

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How To Buy Bitcoin in Israel?

Getting bitcoins in Israel is not an easy task as not all popular crypto exchanges are available to Israeli citizens. This is a current list of bitcoin exchanges that allow users from Israel to buy crypto.

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eToro lists CELO as it continues expanding its crypto offering

Israeli crypto exchange eToro has listed CELO as part of its ongoing commitment to expanding the number of digital assets it supports. The exchange announced this news yesterday, noting that it listed the coin because it simplifies settlements between mobile users across the globe.

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Israel reportedly adopts new AML rules for crypto

The Israeli government is now reportedly in the process of reviewing several crypto firms to issue operating licenses.

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The Israeli government mulls tracking crypto holdings worth over $61K

Israel’s government is bolstering its strategies in the fight against tax evasion and money laundering. A report unveiled this news earlier today, citing a new draft bill published by the country’s Finance Ministry.

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Israeli defense minister authorizes seizure of Hamas-tied crypto accounts

Hamas' efforts to raise funds via crypto had reportedly accelerated following the 11-day war between Israel and the organization in May of this year.

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Israeli Government orders seizure of Hamas-linked crypto wallets

The country’s Minister of Defence Benjamin Gantz signed the order for crypto wallets associated… The post Israeli Government orders seizure of Hamas-linked crypto wallets appeared first on Coin Journal.

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PayPal Confirms Acquisition of Crypto Security Company Curv

American payments giant PayPal has confirmed the acquisition of cryptocurrency custody security startup Curv. The digital payments firm has been rumored to be in talks with the Israeli startup for weeks now.

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Hub Security launches new HSM crypto custody solution

CryptoNinjas » Hub Security launches new HSM crypto custody solution Hub Security, an Israeli cybersecurity firm manufacturing hardware modules for secure custody of private keys, paired with an ultra-secure quantum-proof HSM cloud platform, today announced the launch of their new secure custody solution geared towards the Decentralized Finance (DeFi) sector.

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Israeli Finance Firm Simplex Becomes Visa Principal Partner

Payment processing firm Simplex has become a principal member of the Visa network. This is coming shortly after Simplex rolled out a new banking service that allows crypto firms to facilitate local and international payments for their clients.

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eToro Said to Be in Talks With Goldman About Possible $5B IPO: Report

The crypto trading platform is also considering the possibility of a merger with a special purpose acquisition company, according to Israeli newspaper Calcalist.

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The Israel Tax Authority renews its interest in crypto taxation

The Israel Tax Authority has started targeting Israelis that own cryptocurrencies in a bid to enlarge the country’s revenue. A report disclosed this news on December 23, noting that the agency is pushing for the disclosure and taxation of all crypto assets owned by Israeli citizens.

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Israeli Tax Authority Reportedly Mandates Crypto Holdings Disclosure for Investors

The Israeli tax watchdog is tightening the noose around crypto holders. Report Says Crypto Disclosure to Be Made Compulsory While the cryptocurrency markets continue their unprecedented rise with bitcoin (BTC) hitting new all-time-highs almost every passing day, the tax watchdogs around the world have developed a keen interest in the burgeoning industry. According to aRead More

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How Israeli VCs Are Doubling Down on DeFi Startups

The three co-founders of Collider Ventures agree Israel’s vibrant crypto industry waned, yet didn’t fizzle, throughout 2020.

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Telecoms protocol from 1975 exploited to target 20 crypto executives

At least 20 crypto executives and customers of an Israeli telecommunications company were targeted in a sophisticated SS7 attack last month.

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Israeli Government Reportedly Investigating Unsuccessful Hack Targeting Crypto CEOs

Mossad and Shin Bet are reportedly investigating an early September hack that hit 20 cryptocurrency executives.

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ShapeShift Releases Mobile App to Make Non-Custodial Crypto Easier

Reading Time: 2 minutes Months after acquiring leading  “web3” Israeli crypto-startup Portis, ShapeShift launches its mobile app to make non-custodial exchange safe and seamless.  The post ShapeShift Releases Mobile App to Make Non-Custodial Crypto Easier appeared first on CoinCentral.

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Crypto Exchange INX Plans $117M US IPO With Small Israeli Underwriter

Crypto exchange INX has told the SEC its upcoming IPO will be underwritten by a relatively low-profile Israeli company called A-Labs.

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Israel Govt backed Crypto Startup, Kirobo, Develops Reversible Blockchain Transactions

The Israeli startup, launched in 2018, has launched its mainnet version of its Retrievable Transfer feature protecting users from sending their digital assets to wrong addresses. The platform employs a layer two security solution (logic layer) on a blockchain that works in two levels.

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An Israeli Blockchain Startup Claims They’ve Invented an ‘Undo’ Button for Bitcoin Transactions

A two-year-old Israeli blockchain startup says it has found a way to cancel crypto transactions if they are sent to the wrong wallet address.

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ShapeShift Acquires Self-Custodian Crypto Wallet Portis; New Office to Open in Tel Aviv

ShapeShift, a US-based self-custodial crypto exchange has acquired Israeli non-custodial crypto wallet Portis, as reported by Israeli media platform – Globes. The Crypto exchange did not reveal the financial details of the acquisition.

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Crypto Users Demand Their Funds Back From BT360

Trusting a third party with one’s crypto assets is always a risky endeavor. Users of the BT360 wallet service are finding that out the hard way. The Israeli cryptocurrency wallet service provider has shut down in mid-February of 2020.

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Israeli Banks Should Not Deny Services to Crypto Firms: Attorney General

Israeli banks should not deny services to firms involved with crypto, attorney general Avichai Mandelblit said

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BT360 Crypto Wallet And Website Go Dark, Users Fear Exit Scam

Israeli crypto wallet and quasi-exchange, BT360 has left users concerned for their funds after its website and social media accounts were taken down. Clients have also claimed that wallets created by BT360 cannot currently send funds out, causing some to fear an exit scam.

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Using a VPN May Get Israeli Crypto Traders in Trouble

Do you use a VPN? It’s a privacy-enhancing tool that everyone should be using, especially those with digital assets. Or do you happen to be older than the typical crypto trader? Both of these characteristics are part of a list of so-called ‘red flags’ that can get you in trouble with a new dragnet that […] The post Using a VPN May Get Israeli Crypto Traders in Trouble appeared first on Bitcoin News.

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Bankrupt DX Exchange Reportedly Didn’t Pay Israeli Suppliers and Employees

It was recently reported that digital assets trading platform DX Exchange ceased operations and was looking for a way to exit the market via a merger or a sale. New details from Israel show that the exchange reportedly didn’t even have the cash flow to pay its suppliers and employees.

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The Palestinian Administration Wants to Replace the Israeli Shekel with Crypto

Palestinian premier Mohammad Shtayyeh has announced that the government is looking to replace the Shekel with cryptocurrencies. According to local news site Al-Monitor, the administration wants to break Israeli hegemony… The post The Palestinian Administration Wants to Replace the Israeli Shekel with Crypto appeared first on CoinCentral.

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Israeli Startup That Allows Offline Crypto Transactions Secures $4M

Blockchain transactions can now purportedly be recorded without the internet as an Israeli cybersecurity startup introduces its new technology

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Israeli Startup Creates Offline Crypto Wallet with Online Connectivity

Israeli startup GK8 unveiled a cold-storage crypto wallet with on-network transfer capabilities.

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These iAngels Are Bringing New Heavyweights Into Bitcoin Investing

The three women behind Israeli investment platform iAngels are promoting crypto adoption by connecting with traditional investors.

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Report: Israeli Bitcoiners Petition Banks to Disclose Crypto Policies

A crypto nonprofit is petitioning for Israeli banks to disclose their policies on crypto-related funds

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Israeli Crypto Traders Fight Bank Lockouts with a Freedom of Information Petition

Several Bitcoin and crypto traders of Israel are facing a problem with banks right now. Many banks are not very sympathetic with crypto traders and are closing their accounts. This has prompted several of them to start a series of lawsuits against the banking institutions, the Globes has recently reported. The problems are pretty varied. […]

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