Ukrainian Parliament Passes Bill That Criminalizes People Who Don’t Reveal Crypto Holdings

Ukrainian Parliament Passes Bill That Criminalizes People Who Don't Reveal Their Crypto HoldingsThe Ukrainian parliament is enforcing its tough stance against people who don’t disclose their cryptocurrency holdings on the tax fillings. The measure comes in the wake of a recent publication that showed alleged mistakes in declarations from public servants. Offenders Could Spend up to Two Years in Jail According to an official document released by […]

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Mt Gox CEO Mark Karpeles Found Not Guilty of Embezzlement

Mt Gox CEO Mark Karpeles Found Not Guilty of EmbezzlementMark Karpeles, CEO of the now-defunct bitcoin exchange Mt. Gox, has been sentenced by the Tokyo District Court. The court convicted him of record tampering but found him not guilty of embezzlement. He received a suspended jail sentence of two and a half years. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF […]

The post Mt Gox CEO Mark Karpeles Found Not Guilty of Embezzlement appeared first on Bitcoin News.

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Chinese VPN Vendor Sentenced to Five and a Half Years in Prison

TheMerkle Chinese VPN Vendor JailMost people are well aware of how China isn’t exactly known for freedom of speech. Especially in the online world, accessing the information you need there is a big challenge. Until recently, it was possible to bypass most limitations through a VPN connection. However, the government has begun arresting and sentencing VPN service providers. One Chinese entrepreneur received a jail sentence of five and a half years for providing such a service. Chinese VPN Provider Faces Massive Jail Sentence With the Chinese government cracking down on VPN providers, it is only a matter of time until more people get arrested and

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