Home > Money

Spanish Law Enforcement Arrests 35 Suspects for Bank Fraud, BTC Money Laundering

Spanish law enforcement arrested 35 people for allegedly counterfeiting banking cards and laundering the proceeds through bitcoin (BTC), local media La Verdad reports on June 14.Per the report, the organization obtained over €600,000 ($674,000) and laundered over €1 million ($1.2 million) using bitcoin. Furthermore, the Command of Alicante reportedly

Read More

G20 passes guidelines for Financial Action Task Force on Money Laundering for cryptocurrencies

A meeting of G20 Finance Ministers and Central Bank Governors has passed a resolution to apply recently amended FATF (Financial Action Task Force on Money Laundering) guidelines to cryptocurrencies. “We reaffirm our commitment to applying the recently amended FATF standards to virtual assets and related providers for AML and CFT,” says

Read More

Bitcoin Price Explosion a Trap, Smart Money Awaits Pullback, Warns Analyst

By CCN: The parabolic bitcoin price explosion, which saw BTC surge 136 percent in 2019, is a trap, according to on-chain analyst and Adaptive Fund partner Willy Woo. The price explosion is simply a short-squeeze driven by hedge funds. Organic buyers are waiting for a healthy retracement before buying in again. “This a

Read More

Bitcoin Price Explosion a Trap, Smart Money Awaits Pullback: Analyst

By CCN: The parabolic bitcoin price explosion, which saw BTC surge 136 percent in 2019, is a trap, according to on-chain analyst and Adaptive Fund partner Willy Woo.The price explosion is simply a short-squeeze driven by hedge funds. Organic buyers are waiting for a healthy retracement before buying in again.“This a

Read More

OKEx Says Crypto Is the Future of Money for Consumers in Unstable Economies

One of the world’s biggest crypto exchanges by trading volume believes digital currencies can provide financial freedom to consumers in countries where instability and inflation are making fiat payments impractical.In the world of digital technology dominance, traditional global financial systems are facing hard times to transform in order to

Read More

Major Bitcoin Accumulation Was Underway by Big Money During Crypto Winter, Analysts Say

The number of wallets holding between 1,000 and 10,000 bitcoin (BTC) has seen a sharp increase since the crypto market bottomed this winter, indicating significant accumulation during the price dip. The analysis was published in a new report from weekly crypto outlet Diar on May 28.Diar’s analysis begins by

Read More

Bestmixer.io Seized by Europol | Money Laundering

Europol indicated that on Wednesday the Dutch Fiscal Information and Investigation Service had seized Bestmixer.io which is a bitcoin transaction mixer. A statement from Europol referred to the action as the “first law enforcement action of its kind against such a cryptocurrency mixer service.” Europol, FIOD and Luxembourg Authorities Seize Bestmixer.io

Read More