ICO fines company for illegal pensions calls
The ICO has fined Halifax-based company Parkin Beacher Ltd (PBL) £50,000 for making illegal marketing calls to people about their pensions. The business,
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Illegal
People’s Bank of China in Shenzhen ‘cleans up’ illegal crypto firms
The Shenzhen branch of the People’s Bank of China is taking a hardline approach to cryptocurrency-related activities deemed illegal. According to a report from state-run Shanghai Securities News yesterday, the branch has recently “cleaned up and rectified” 11 new companies suspected of engaging in illicit crypto trading.The report did not
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Ukraine’s Security Service Closes Illegal Cryptocurrency Exchanges
Ukrainian authorities have allegedly reported that cryptocurrency exchanges are involved in illicit financial activities, including money laundering. Ukraine’s Security Service, known as SBU, has closed down various crypto exchanges reported to have transacted illegally since early 2021. The SBU, in a Wednesday statement, referred to cryptocurrency exchanges as the network of ‘clandestine’-
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Ukraine’s state security shuts down illegal crypto exchanges
Security Service of Ukraine (SBU) has shut down several crypto exchanges reportedly involved in illegal financial transactions since the start of 2021.According to a statement by the SBU on Wednesday, the network of “clandestine cryptocurrency exchanges” were based in the country’s capital Kyiv and collectively processed a monthly turnover of
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Nuisance call blocker company fined £170,000 for making almost 200,000 illegal marketing calls
The Information Commissioner’s Office (ICO) has fined Yes Consumer Solutions Limited (YCSL) £170,000 for making 188,493 unsolicited direct marketing calls to customers
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Leeds firm fined £200,000 for illegal nuisance calls
The Information Commissioner’s Office (ICO) has fined Leeds-based Brazier Consulting Services Ltd (BCS) £200,000 for making more than 11 million unlawful claims
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AMZN Stock Down 1%, Amazon Wins Appeal against EU, Commission Could Not Prove Illegal Tax Advantage
Amazon shares have seen a steady decline. AMZN stock has dropped more than 1% year-to-date and declined 1.17% in the last three months.E-commerce company Amazon.com Inc (NASDAQ: AMZN) has eventually won the legal battle against the European Commission (EU) regarding the payback of $303 million in taxes. Now, Amazon will
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Iran Reportedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations
The mostly ASIC devices used to mine bitcoin are said to have been consuming 95 megawatts per hour of electricity at a reduced rate. Source
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Iranian Authorities Close 1,620 Illegal Cryptocurrency Mining Farms: Report
The illegal mining operations will be disconnected from the national power grid and the miners will face prosecution. Source
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Would the STABLE Act Make Running an Ethereum Node Illegal?
Last week, Congresswoman and “Squad” member Rashida Tlaib (D-Mich.) sent Crypto Twitter into a tizzy with the following proposal:The bill’s academic/think tank proponents followed up with posts such as this:There’s a lot to unpack here and a lot of crossed wires, mostly due to (I suspect) the fact that the
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