Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says

Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor SaysA prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict Kwon within a month, ruling out the possibility of him being handed over to other countries within the […]

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Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange

Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency ExchangeThe body ensuring that consumer rights are respected in Poland has initiated proceedings against a crypto exchange falsely claiming to be Polish. The trading platform also misled customers that it was operating with the regulatory approval of the financial authorities in the country. Belize-based Exchange Risks Hefty Fine in Poland for Allegedly Deceiving Crypto Traders […]

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Belarusian Fined $1 Million for Illegal Crypto Trading

Belarusian Fined $1 Million for Illegal Crypto TradingA Belarusian citizen will have to pay a hefty fine for illegally organizing the exchange of cryptocurrencies online. Law enforcement authorities in the country, where certain crypto activities are legal, do not plan to impose other penalties besides the administrative measure. Cryptocurrency Trader Tries to Challenge Fine in Belarusian Court The Supreme Court of the […]

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FTX Co-Founder Faces ‘No-Nonsense’ Judge Next Week, Report Says SBF ‘Expected to Enter a Plea’ in Fraud Case

FTX Co-Founder Faces ‘No-Nonsense’ Judge Next Week, Report Says SBF 'Expected to Enter a Plea' in Fraud CaseAccording to court documents, Sam Bankman-Fried (SBF) is set to be arraigned by the federal court in the Southern District of New York (SDNY) on Jan. 3, 2023. The disgraced FTX co-founder plans to enter a plea in his fraud case in front of U.S. judge Lewis Kaplan in Manhattan, according to a report published […]

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BTC-e’s Alexander Vinnik Applies for Release on Bail Citing Trial Delay

BTC-e’s Alexander Vinnik Applies for Release on Bail Citing Trial DelayThe alleged operator of crypto exchange BTC-e, Alexander Vinnik, has asked to be released on bail due to the delay in court proceedings. In early August, the Russian IT specialist was extradited to the United States to face charges of money laundering through the now-defunct coin trading platform. Vinnik’s Defense Appeals for His Release on […]

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French Lawyer Asks Russian Patriarch to Help Save Alexander Vinnik From ‘Political Trial’ in US

French Lawyer Asks Russian Patriarch to Help Save Alexander Vinnik From ‘Political Trial’ in USA member of the defense team of the alleged BTC-e operator Alexander Vinnik has called on the head of the Russian Orthodox Church to intervene in support of his client. The Russian national may be sentenced to over 50 years in prison for his role in the infamous cryptocurrency exchange. Prisoner Swap for Americans in […]

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Russian Accused of Laundering Cryptocurrency From Ransomware Attacks Extradited to US

Russian Accused of Laundering Cryptocurrency From Ransomware Attacks Extradited to USA Russian national suspected of laundering ransomware payments in cryptocurrency on behalf of cybercriminals targeting hospitals has been extradited to the U.S. by the Netherlands. The man was allegedly involved in the criminal activity for a period of three years before his arrest in Amsterdam last November. Alleged Russian Money Launderer Handed Over to U.S. […]

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Latvian Artist Threatened With Prison for Money Laundering Through NFTs

Latvian Artist Threatened With Prison for Money Laundering Through NFTsAn artist from Latvia is under investigation for allegedly selling NFTs, or non-fungible tokens, to launder money, for which he may get up to 12 years in prison. The authorities have blocked his bank accounts and launched an investigation without even notifying him. Artist Who Sold Over 3,500 NFTs Prosecuted for Money Laundering in Latvia […]

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