Tuesday, November 5, 2024
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Laos military says country’s crypto operators owe $20M in unpaid taxes

In an effort to boost state revenues, Laos appears to be turning its attention to the country's crypto sector.According to a Nov. 9 report by China's state news agency Xinhua News, citing a report from Laos People's Army News, cryptocurrency operators in the Southeast Asian country owes $20 million in

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BTC miner Rhodium faces lawsuit over an alleged $26M in unpaid fees: Report

Crypto mining firm Riot Platforms – formerly Riot Blockchain – is seeking to recover “more than $26 million” in alleged unpaid fees from Texas-based Bitcoin (BTC) miner, Rhodian Enterprises, according to its Q1 2023 report.Published on May 10, Riot's Q1 2023 financial report stated that Whinstone – a wholly owned subsidiary of

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Bitcoin (BTC) Miner Riot Platform Sues Peer Rhodium Enterprises for Alleged $26M in Unpaid Fees

Riot claims that Rhodium "deliberately miscalculated" how much in hosting fees it had to pay for Riot's hosting services. The two were supposed to share the net revenue from Rhodium's mining at the Whinstone facilities, said the lawsuit, which further alleged that the Rhodium entities short-changed Whinstone for $26 million

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Korean police seize crypto for unpaid traffic fines in trial

A South Korean town near Seoul has been successfully operating a pilot program that allows police to seize crypto from the exchange accounts of individuals with delinquent traffic fines.Gunpo, a city of about 275,000 in the northwestern Gyeonggi province was selected by the national government to execute the pilot program

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Nuggets News CEO under fire over alleged unpaid loans and investment funds

Alex Saunders, the popular crypto influencer behind Nuggets News, is facing a slew of claims he failed to repay crypto loans, along with allegations that funds invested in a new project had been redirected to a crypto exchange.Saunders is one of the most highly regarded Australian crypto educators. He provides

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