Polish police arrested Crypto Capital president Ivan Manuel Molina Lee for alleged involvement in a drug cartel and money laundering through the Bitfinex Bitcoin exchange. This is reported by the Polish media. Presumably, it was the Panamanian processing company Crypto Capital that the exchange entrusted $ 880 million, which were frozen by the authorities. To cover the loss, Bitfinex borrowed funds from the affiliate company Tether, and then spent […]
Office
A memorandum was signed in the Verkhovna Rada of Ukraine, designed to give the green light to blockchain technologies in the country. It is alleged that the legislative, executive branches of government and business for the first time were able to come to a "clear consensus." The document was concluded between the Verkhovna Rada Committee on Digital Transformation, the Ministry of Digital Transformation, the Blockchain4Ukraine inter-factional parliamentary association, the Office of Effective Regulation (BRDO), a number of specialized associations and market participants. How […]
Greek court to consider petition for annulment of all previous decisions against Russian Alexander Vinnik, suspected of laundering at least $ 4 billion through the BTC-e, on November 6. This was reported to RIA Novosti by Vinnik’s lawyer Timofey Musatov. Initially, the meeting was scheduled for October. In addition to the postponement, the composition of the court also changed. “It was decided to consider the matter […]
The Central Bank of Ireland granted Coinbase a license for e-money transactions. According to CEO of the British division Zeeshan Feroz (Zeeshan Feroz), the expansion is necessary in order to provide services to residents of the EU and Eurozone countries after Brexit. The company opened an office in Dublin in October 2018. Recall that the British license Coinbase received in March last year. Subscribe to […]
The United States Internal Revenue Service (IRS) has updated the most common form of income tax reporting to include a cryptocurrency clause. On Friday, the agency published a draft of the new form 1040. The annex to it now contains information on additional income and other amendments. Irs New Form 1040 by ForkLog on Scribd This IRS project has been sent out to tax specialists […]
The Washington District Attorney's Office has charged a Singapore citizen with stealing computing power and cloud mining services for cryptocurrency mining for a total of $ 5 million. Together, he faces up to 32 years in prison. According to the prosecutor’s statement, from October 2017 to February 2018, 29-year-old Matthew Ho conducted a “large-scale cryptocurrency mining operation,” […]
On Monday, October 7, a meeting was held on the regulation of the cryptocurrency and blockchain industry in Ukraine. Representatives of the Ministry of Digital Transformation, the Verkhovna Rada, the Office of Effective Regulation (BRDO), as well as relevant associations and businesses participated in it. The meeting was organized by the recently formed inter-faction parliamentary group Blockchain4Ukraine. Among the main steps developed during the event: the development of terminology for further regulation of the industry. In particular, […]
The stablecoin issuer Tether and its affiliate Bitfinex bitcoin exchange distributed statements on Saturday, October 5, according to which both companies expect “unfounded” lawsuits to be filed against them alleging market manipulation of the USDT token. It is assumed that the so-called “unpublished and unexplored community” study will form the basis of the claim. Both companies insist that all the arguments that will be […]
One of the contenders for the post of governor of the Odessa region, Ukraine, Maxim Kutsyi declared cryptocurrencies totaling about $ 4.2 million at the exchange rate at the time of writing. In the “Cash Assets” column, Kutsyi indicated 290 MTC (about $ 2.3 million) and 11,071 Ethereum (about $ 1.9 million). According to the local newspaper "Duma", the office of the President of Ukraine is preparing to approve the entrepreneur for the post […]
The cybersecurity company Prevailion found that the tools for cryptocurrency investors targeted a large-scale phishing attack MasterMana Botnet cost only $ 160. MasterMana Botnet massively sends emails on behalf of existing companies with an infected file. As soon as the victim opens it, a chain of actions is launched that complicates the detection of the virus. As a result, a fileless backdoor is installed on the computer to receive the remote […]