Cryptocurrency Analysis and News Portal
The jailed Tornado Cash developer has sparked controversy in crypto. Should open source contributors be held accountable for what others do with their creations? Source
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Authorities in the Netherlands have arrested a developer suspected to be involved in money laundering through the crypto mixing service Tornado Cash.The Fiscal Information and Investigation Service (FIOD), an agency in the Netherlands responsible for investigating financial crimes, officially announced the arrest of a 29-year-old man in Amsterdam on Friday.The man
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Law enforcement officials in Minsk are seeking international assistance to locate and detain the man who ran what is said to be the biggest online exchanger for cryptocurrencies in Belarus. The crypto trader has been accused of tax evasion and an investigation against three of his accomplices has estimated the
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The country is still grappling with the illegal crypto mining industry. Source
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Law enforcement in Kazakhstan detained members of a crime group suspected of forcing IT experts into operating underground facilities for cryptocurrency mining with threats and blackmail. The racketeers allegedly made up to half a million U.S. dollars a month from their business. Kazakhstan Busts Illegal Crypto Mining Organization, Detains Dozens Authorities in
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United States authorities have brought charges against three people for wire fraud conspiracy and wire fraud in connection with a scheme to commit insider trading using crypto, one of whom was a former product manager at Coinbase Global.In a Thursday announcement, the U.S. Attorney’s Office for the Southern District of
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A crypto enthusiast and organizer of the Binance-sponsored Blockchain and Cryptocurrency Awareness Tour (BCAT) recently held in Nigeria, has rejected reports he was arrested by security agents reportedly spooked by large crowds that were following the campaign. The enthusiast said the high number of people that attended the BCAT tour
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Summary: Bitmex founder, Arthur Hayes, will not spend a single day in jail for violating the U.S. Bank Secrecy Act. Mr. Hayes has been sentenced to two years probation with the first six months in home confinement. Arthur Hayes also agreed to forfeit $10 million in a plea deal. However, the assistant U.S. attorney
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Authorities in China recently announced the arrest of ten suspects they say are behind an online pyramid platform that is thought to have stolen millions of dollars from unsuspecting users. The suspects are accused of using the promise of high returns and a regular income to lure more victims. A
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Cryptocurrency lending platform Celsius has appointed former RBC, Bank of America and Citigroup executive Rod Bolger as its chief financial officer (CFO). Source
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