In 2018, barely a month passed without an official at a financial institution or government department calling on crypto to clean up its act. In the last quarter of the year alone, the United States Department of the Treasury, the Canadian Parliament and the Russian Federal Financial Monitoring Service all Read More
Major banks are often spewing anti-crypto rhetoric over its potential to be used for money laundering. So it is a little ironic when one of the world’s largest banks gets fined for not doing enough to prevent or detect it.$10 Million Fine For Morgan StanleyAn article in the Wall Street Read More
CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here.The last week of November was all about taxes, regulation, and SEC enforcement for Bitcoin and the wider crypto ecosystem.
Sirin Labs Launches the FINNEY: The world’s first blockchain phone Read More
Prosecutor’s Office Fined 150,000 Rubles For Bitcoin News Site Blockade
November 24, 2018 by Jeff Fawkes A Russian prosecutor’s office has been fined 150,000 Rubles (around $2,275 USD) for its bitcoin news site blockade. The money will be awarded to bitcoininfo.ru website owner Nikolay Tonkoshkurov. His site was blocked without official Read More
According to a report by Bloomberg, published November 13, 2018, U.S. resident named Joseph Kim has been fined $1.1 million and sentenced to 15 months in prison for orchestrating fraudulent schemes related to bitcoin (BTC), and litecoin (LTC), thus duping his employer and several other customers of their money.
Illegal Transfers Read More
U.S. citizen Joseph Kim of Phoenix, Arizona has been fined $1.1 million and sentenced to 15 months in jail for misappropriating Bitcoin (BTC) and Litecoin (LTC) from several people, the U.S. Commodity Futures Trading Commission (CFTC) reports Friday, Nov. 9.The CFTC found out that Kim defrauded his employer, a Chicago-based Read More