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Fidelity International, a spin-off from the U.S. financial services giant Fidelity Investments, has invested $14 million in the Hong Kong-based operator of crypto exchange OSL.According to public disclosures on Feb. 21, Fidelity International bought 17 million shares of OSL owner BC Group at a price of HK$6.50 (US$0.83) per share,
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Roger Thomas Clark, an alleged operator behind the Silk Road darknet marketplace and advisor to founder Ross Ulbricht, pleaded guilty to "conspiring to distribute massive quantities of narcotics," prosecutors announced Thursday.The U.S. Attorney's Office for the Southern District of New York said in a press release that Clark, who was
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French officials have charged Alexander Vinnik, the alleged operator of an exchange that laundered millions of dollars for criminals, on multiple counts including extortion and money laundering. According to a report by Bloomberg on Tuesday, Vinnik was interviewed by French prosecutors as soon as he was extradited from Greece late
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The United States Securities Exchange Commission (SEC) is seeking a default judgement against token sale platform ICOBox and its founder Nikolay Evdokimov.Documents filed with the Central District Court of California on Jan. 9 order the defendants to pay over $16 million in disgorgement to the agency within 14 days
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Alleged BTC-e exchange operator and money launderer Alexander Vinnik is finally being extradited to France.The news was made public by the Russian embassy in Greece, the country in which he has been held since his arrest in July 2017 over allegations that he had laundered at least $4 billion through
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Seoul-based co-working space operator SparkPlus has partnered with blockchain funding platform Kasa Korea, according to a Dec. 17 report from The Investor.The partnership will aim to innovate the city’s sharing economy by means of a decentralized platform that reduces the barriers to entering the real estate market by promoting
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DXM, a financial services subsidiary of South Korean fintech firm Dunamu, has worked with crypto cybersecurity firm Ledger to launch an institutional crypto asset custody service.The partnership and the new custodianIndustry news outlet TheBlock reported on Dec. 4 that DXM plans to launch the custodian under the name Upbit
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Miami-based Bitcoin (BTC) automatic teller machines (ATM) firm Bitstop has partnered with the largest shopping mall operator in the United States, Simon Malls, to install Bitcoin ATMs at several locations. BitStop announced on Nov. 26 that the firm has already installed Bitcoin ATMs at five Simon Malls locations in California,
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Global Container Terminals (GCT), a container terminal operator in North America, has joined Maersk and IBM's blockchain shipping tool TradeLens.Adding four Canadian and U.S. terminals to the platform As part of the initiative, Vancouver-based GCT will gradually roll out the blockchain-based platform at the four terminals it operates, the firm
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Helios Towers Raises about $364 million in its Initial Public Offering which has been low-key due to choppy market conditions.Helios Towers which is one of the key operators of towers for several mobile networks across Africa has successfully raised about 288 million pounds (or $364 million) in an initial public
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