Cryptocurrency Analysis and News Portal
The U.S. has launched the National Cryptocurrency Enforcement Team, an initiative of the Department of Justice (DOJ), to tackle and prosecute “criminal misuses of cryptocurrency, particularly crimes committed by virtual currency exchanges, mixing and tumbling services, and money laundering.” U.S. Deputy Attorney General Lisa Monaco said, “The point is to
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U.S. Senator Margaret Hassan has requested that government agencies take “additional targeted steps to prevent and prosecute the use of cryptocurrency for criminal purposes.” She expressed her concern over “the rise in the use of cryptocurrency for criminal purposes.” US Senator Requests Agencies Take Steps to Prevent and Prosecute Use of
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The $2 billion crypto fraud scheme Bitconnect and its founder have been charged in the U.S. In a parallel enforcement action, a Bitconnect director and top promoter has pleaded guilty to criminal charges in the U.S. “The Bitconnect scheme is believed to be the largest cryptocurrency fraud ever charged criminally,”
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Criminal charges currently faced by Tether due to this unethical act are said to carry heavy complications for the company’s future. Tether, which is known as a major USDT administrator, has been embroiled in a new controversy stating that the company’s executives have been allegedly involved in conducting
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Partly offsetting the positive trend is an explosion in ransomware attacks, which rose 311% from 2019. Source
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Earlier this week, Lithuania's tax service, the Lithuanian State Tax Inspectorate, added $7.6 million dollars to the state budget through the sale of cryptocurrencies seized in criminal investigations. The occasion marked the first time that the Lithuanian government liquidated confiscated cryptocurrencies. In doing so, the country joined the growing number of
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Coinbase received more than 1,800 request for information from law enforcement in the first half of 2020, largely in the form of subpoenas, the company announced Friday in a new transparency report.The San Francisco-based cryptocurrency exchange released the information in its first-ever transparency report. Earlier this year, digital rights advocacy
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Martha Stewart is back with a new line of CBD products.Publications are fluffing up the announcement with nice headlines about Stewart.Did everyone forget why she went to prison?Martha Stewart is back. And now she’s selling drugs.That’s right, the iconic homemaker is pushing a new line of CBD edibles, and the
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