2019-5-1 00:05 |
An Arizona man and Israeli woman have been charged with allegedly operating an unlicensed money transferring business for crypto firms
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The US Attorney for the Southern District of New York has charged two people in connection with running an unlicensed money transfer business used to make deposits for cryptocurrency exchanges.
2019-5-1 13:13 | |
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The U.S. government has sued two individuals in connection with a scheme to provide "shadow banking" services to unregulated crypto exchanges.
2019-5-1 22:21 | |
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By CCN. com: A Manhattan federal judge will have to decide whether crypto is cash in what would be a landmark decision for the budding industry. The ruling would have major implications for what laws and regulations cryptocurrencies are subject to.
2019-4-26 09:08 | |
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The Financial Crimes Enforcement Network (FinCEN), a bureau within the U. S. Department of the Treasury, has imposed its first-ever penalty on a peer-to-peer crypto exchange for violating AML regulations, among other violations.
2019-4-20 23:38 | |
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By CCN. com: The Manhattan District Attorney’s Office indicted three men for allegedly laundering $2. 3 million in crypto by using debit cards pre-loaded with bitcoin and withdrawing large amounts of cash at ATMs in New York and New Jersey.
2019-4-18 19:13 | |
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Bitcoin trader Jacob Burrell Campos was sentenced on April 8, 2019, to serve a two-year prison sentence and to forfeit more than $800,000 “for operating an unlicensed money transmitting business.
2019-4-13 18:54 | |
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Singapore has joined a growing list of countries cracking down on the promoters of the multi-billion dollar OneCoin pyramid scheme. The Business Times reports that investigations conducted by the Singapore Police Force (SPF) hav resulted in two men being charged for promoting OneCoin cryptocurrency.
2019-4-10 12:28 | |
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New York resident Patrick McDonnell AKA “Jason Flack” was arrested and charged with nine counts of wire fraud in a Brooklyn court on Tuesday. McDonnell allegedly convinced others to “invest” in cryptocurrency through Facebook and Twitter, stealing the money for his own use and providing false balance statements in return.
2019-3-28 01:04 | |
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The owner of a firm called CabbageTech has been arrested and charged with duping investors out of over $200,000 in cryptocurrency and cash.
2019-3-27 12:20 | |
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Japanese authorities in the city of Utsunomiya have charged an 18-year-old for stealing crypto from Monappy, a digital wallet service for MonaCoin. The unnamed teenager was reportedly referred to prosecutors in what is the country’s first case of charges being brought against a cryptocurrency hacker.
2019-3-18 02:08 | |
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Local prosecutors in Japan have charged an 18-year old male with cryptocurrency theft. Per a report published in a local news outlet, the Metropolitan Police Department (MPD) of Japan are accusing the young adult of stealing 15 million Yen ($134,310) worth of stealing MonaCoin (MONA)—a Litecoin hard fork.
2019-3-16 11:39 | |
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The way to bitcoin-utopia is laden with regulatory issues and scam artists. In a recent confession, Morgan Rockoons the founder of Bitcointopia and a well-known crypto activist has conceded to both charges against him in two bitcoin-related cases.
2019-3-10 22:08 | |
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On March 6th, the US Federal Bureau of Investigation (FBI) arrested OneCoin ringleader Konstantin Ignatov at Los Angeles International Airport (LAX). The government alleges that he was one of several masterminds behind the multi-billion dollar crypto pyramid scheme.
2019-3-9 04:30 | |
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The founder of My Big Coin, a crypto company based in Nevada, has been recently arrested for fraud. The police enforcement affirms that the man has defrauded people in a $6 million USD scheme in order to buy My Big Coin, a token that was allegedly backed by gold. Named Randall Crater, the founder was […]
2019-2-28 05:27 | |
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If you search the web for “My Big Coin,” you find a lot of seemingly-legitimate results. Even Crunchbase has a listing for My Big Coin. As recently as Valentine’s Day, the cryptocurrency project was tweeting to their more than 260,000 followers.
2019-2-28 22:50 | |
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The US Department of Justice (DOJ) recently announced that they had charged an international crypto fraud cartel that was involved with millions of dollars in thefts. The cartel was made up of 20 individuals, of which 16 were foreign members, and they are being charged with defrauding the American citizens. Working with foreign authorities, the […]
2019-2-12 02:58 | |
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According to a recent report, Joel Ortiz, the 20-year-old student from Boston who was indicted by prosecutors in Santa Clara, California, has been sentenced to 10 years in prison in what is believed to be the very first SIM swapping conviction in the United States.
2019-2-6 01:17 | |
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A 20-year-old man has been formally charged in a U.S. supreme court indictment over 52 cases of SIM-swap identity and crypto theft.
2019-2-4 15:30 | |
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Binance has finally joined the fiat-on-ramp party, adding support for crypto purchases using credit cards. This is made possible through its integration with payment processor Simplex, according to a press release shared with Bitcoin Magazine.
2019-2-1 20:59 | |
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According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act.
2019-1-24 20:28 | |
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U. S. presidential candidate John McAfee announced on Tuesday that he has fled the country. According to McAfee’s recent Twitter video he’s “living in exile” on a boat because he’s been charged with felonies handed down by the Internal Revenue Service (IRS).
2019-1-23 08:30 | |
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A Group of Bitcoin con artists in Taipei, Taiwan, have recently been charged by the police for creating a crypto scam that took millions of dollars from investors. Both foreign and local investors were fooled according to The Next’s Web’s Hard Fork, which has also reported on this story. The scam began on October 2016 […]
2019-1-18 23:03 | |
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“The point is to get people to think about bitcoin, not spend it. I don’t think it’s good for that. It’s not meant to be used like cash,” Jeremy Gardner, founder of Ausum Ventures, advised me.
2019-1-15 17:50 | |
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A Taiwanese Bitcoin miner identified with the last name Yang was recently arrested and charged by authorities for mining 100 million yuan ($14. 5 million) in cryptocurrencies. He used NT$100 million ($3.
2018-12-28 14:29 | |
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The committee charged with providing recommendations for the regulatory framework surrounding cryptocurrencies in India is reportedly evaluating the legalization of the asset class under strong regulation.
2018-12-27 05:55 | |
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Three Executives Of Upbit Charged With Fraud One of the largest exchanges in South Korea, Upbit, has recently seen three of its senior executives be charged with fraud by prosecutors of the country. The Prosecutors’ Office of Seoul has seen three of the most important members of the company, including Song Chi-Hyung, the founder of […]
2018-12-21 20:09 | |
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Three executives of UPbit, one of South Korea’s largest cryptocurrency exchanges, have been formally charged by the country’s prosecutors.
2018-12-21 14:31 | |
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On December 7, 2018, the United States Securities and Exchange Commission (SEC) issued a cease and desist order and a penalty of $50,000 against Delaware-based crypto assets fund firm CoinAlpha Advisors LLC.
2018-12-9 18:00 | |
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Zambia’s Drug Enforcement Commission (DEC) has recently announced that they have arrested three employees of crypto company Heritage Coin Resources Limited. They were charged for laundering about 28,000,000 kwachas which roughly equals $2.
2018-12-4 11:22 | |
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DJ Khaled and Floyd Mayweather reach settlement with the SEC regarding CentraTech controversy Popular rapper and music producer DJ Khaled and boxer Floyd Mayweather Jr. were charged by the Securities and Exchange Commission this Thursday with promoting initial cryptocurrency coin offerings without revealing that the promotion was paid.
2018-12-1 22:18 | |
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Music producer DJ Khaled and boxer Floyd Mayweather Jr. were imputed by the Securities and Exchange Commission(SEC) on Thursday with promoting investments in initial coin offerings without revealing that they'd been paid.
2018-11-30 10:30 | |
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Following an investigation launched five months ago, an organized group of hackers has been arrested for allegedly stealing $5 million worth of cryptocurrencies.
2018-11-28 12:46 | |
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Three individuals from Bulgaria were arrested over the suspected theft of nearly $5 million in crypto like Bitcoin and Ethereum. Three Bulgarians Arrested over Crypto Theft Authorities in Bulgaria arrested and charged three suspects with the alleged theft of $5 million in cryptocurrencies, according to the prosecution, and the ministry of interior – a branch.
2018-11-27 03:00 | |
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“It’s pretty common for people to target people who have a lot of cryptocurrency.”
2018-11-22 21:58 | |
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The U. S. Commodity Futures Trading Commission (CFTC) issued a press release on Friday, November 9, 2018, stating that it had fined Arizona resident Joseph Kim for perpetrating a fraudulent cryptocurrency trading scheme against his former employer and other investors.
2018-11-13 22:55 | |
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The U.S. Securities and Exchange Commission (SEC) has charged the founder of crypto token trading platform EtherDelta, Zachary Coburn, with operating an unregistered securities exchange. On November 8, the Commission announced that EtherDelta, which acts as a secondary market for trading ERC-20 tokens, had been providing a marketplace for buyers and sellers to trade the […]
2018-11-9 19:58 | |
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America’s Securities and Exchange Commission, has successfully charged the founder of the token trading platform, EtherDelta. This is the first time that the US regulator has ever brought legal proceedings against a crypto exchange.
2018-11-8 19:28 | |
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Manhattan District Attorney’s office has just discovered a disturbing footage of three male youths who have been charged with one count of second-degree burglary for torturing their friend, who happens to be a cryptocurrency investor for his crypto login details in a bid to access his crypto wallet.
2018-11-7 15:58 | |
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The U. S. Securities and Exchange Commission (SEC) has obtained an emergency court order issuing the stoppage of a recently planned initial coin offering (ICO) by Blockvest LLC and its founder Reginald Buddy Ringgold III, who falsely advertised that the token sale was approved by the SEC.
2018-10-12 01:12 | |
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American Regulators Strikes 1Broker Crypto Platform With Legal Charges, Website Seized On Wednesday afternoon, many investors in this industry were caught off-guard, as the American Securities And Exchange Commission (SEC), who has begun to take a growing role in the crypto asset space, revealed that it had charged 1pool Ltd, known as 1Broker to cryptocurrency […] The post SEC, CFTC Hits 1Broker Crypto Platform With Charges — Investors Worried appeared first on Ethereum World News.
2018-9-28 05:41 | |
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In a landmark case for the cryptocurrency industry, a federal judge has ruled that a cryptocurrency caught in the midst of a lawsuit is a commodity, court documents reveal.
2018-9-28 23:15 | |
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Cody Wilson, founder of the 3D printed gun company Defense Distributed and cryptocurrency advocate, has been charged with sexually assaulting a minor.
2018-9-20 21:07 | |
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Does a decades-old securities law apply to an initial coin offering (ICO)? In a case that represents the first time securities laws have been applied to cryptocurrencies, a district judge says it may.
2018-9-12 22:09 | |
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California-based Crypto Asset Management LP has been charged for falsely advertising a fund as regulated by the SEC.
2018-9-12 19:44 | |
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In what it deems a first for both enforcement actions, the United States Securities and Exchange Commission (SEC) is charging two entities with registration failures.
2018-9-12 23:36 | |
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Seven People Charged for Crimes Against Iceland’s Mining Facility, Amounting to Over $871,000 The mining facilities in Iceland recently experienced a major heist involving conspiracy, burglary, and theft.
2018-9-11 16:36 | |
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Thai officials have drafted new regulations which demand that producers of electricity who use blockchain should be charged additional fees. Regulators within the government fear that an explosion in independent power generation could lead to a reduction in revenues.
2018-9-9 20:00 | |
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‘Block Chains Matter’ Is this statement racist? Well , it’s been a buzz of activity on Twitter regarding a t-shirt that was hanging on an office wall carrying the slogan ‘Block Chains Matter’. Some people have come out guns blazing terming the slogan as racist while others feel that it’s just a statement trying to […]
2018-9-1 21:35 | |
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Three suspects have been detained by Chinese police in connection with an alleged cryptocurrency theft. The estimated damage made up $87 million USD. The post Chinese Police Seizes Cyber Criminals Charged of Biggest-ever Crypto Theft appeared first on CoinSpeaker.
2018-8-20 11:57 | |
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The first banks will be connected this year, with a phased roll out for selected retail customers.
The Basel Committee's framework, based on responses to a December 2022 discussion paper, must be implemented by 2026.
Recent 13F filings show Europe's second largest bank, BNP Paribas, has purchased Bitcoin exposure via a US spot Bitcoin ETF.
The proposed new industry guidelines are intended to address issues around AML and CFT rules.
Oliver Tonkin has replaced Oliver von Landsberg-Sadie at the crypto banking firm.
With $158 million of total capital raised since 2019, Fnality plans to launch the Sterling Fnality Payment System in 2023, subject to approval by the Bank of England.
The U.S. Federal Deposit Insurance Corp. (FDIC) has left the banks it oversees unequipped to navigate the regulator's crypto expectations, according to the agency's inspector general, so the FDIC agreed to field a new strategy by January.