S. Korean Authorities Ask Interpol to Issue Red Notice for Terra Co-Founder Do Kwon: Report
Authorities in Singapore confirm that Kwon is no longer in-country, while he maintains that he’s not “on the run.” Original Source
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Indian Authorities Unfreeze Wazirx’s Bank Accounts, the Crypto Exchange Says – Exchanges Bitcoin News
India’s Enforcement Directorate (ED) has unfrozen the bank accounts of cryptocurrency exchange Wazirx, the company said. The accounts were frozen as part of the federal agency’s investigation into 16 fintech companies and instant loan apps. Wazirx Says Its Bank Accounts Are Now Unfrozen Indian cryptocurrency exchange Wazirx said Monday that the Enforcement
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Indian authorities unfreeze millions in locked WazirX bank accounts
The Enforcement Directorate of India (ED) unfroze the bank accounts of the Indian crypto exchange WazirX, according to a statement from the exchange released on Sept. 12.WazirX says it has been cooperating with local authorities during their anti-money laundering (AML) investigation by providing all of the necessary documents and details
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New French Bill Could Give Authorities Powers to Seize Crypto Assets
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
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Japanese gov’t issues NFTs to reward local authorities’ work
The Japanese government has become one of the first to issue nonfungible tokens (NFTs) as a form of supplementary rewards to recognize the work of local authorities who have excelled at using digital technology to solve local challenges.The awards were handed out by the Cabinet Secretariat, a government agency that
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South Korean authorities arrest 16 individuals connected to $2B crypto forex transactions: Report
Authorities with South Korea’s customs service have reportedly arrested 16 people involved in illegal foreign exchange transactions connected to crypto assets worth roughly $2 billion.According to a Tuesday report from South Korean news agency Newsis, the country’s customs authorities plan to prosecute two unnamed individuals linked to the illicit transactions,
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Indian Authorities Search Crypto Exchange Coinswitch Kuber — CEO Says It’s Not Related to Money Laundering – Regulation Bitcoin News
India’s Enforcement Directorate (ED) has conducted searches at five premises linked to popular cryptocurrency trading platform Coinswitch Kuber. The company says its engagement with the ED was not related to any money laundering inquiry. The federal agency recently froze the assets of two other crypto firms, Wazirx and Vauld. Coinswitch Kuber
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CoinSwitch CEO, in Wake of Searches by Indian Authorities, Says the Crypto Exchange Is 'Fully Cooperating'
Twice in the Twitter thread, CoinSwitch Kuber CEO Ashish Singhal sought to clarify that the "engagement with the ED" is not about money laundering. CryptoX has reported the searches have been in connection with India's Foreign Exchange Management Act (FEMA). Source
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Crypto Exchange CoinSwitch Kuber Searched by Indian Authorities
"We are looking into multiple possible contraventions under FEMA and other entities that are connected to it," the official said. "Since we did not receive the desired cooperation we have conducted searches on (residences) of Directors, the CEO and the official premises (of the exchange)." Original Source
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Afghan Authorities Shut Down 16 Crypto Exchanges in One Week: Report
Police reportedly closed the exchanges and arrested their staff after Afghanistan's central bank stated that digital currency trading should be stopped citing problems and scams. Source
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