Month: December 2020

France Sentences BTC-e Crypto Exchange’s Operator to 5 Years in Prison for Money Laundering

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Russian crypto exchange BTC-e’s operator Alexander Vinnik has now been sentenced to five years in prison by a French court and fined 100,000 euros. He was arrested over three years ago in Greece, extradited to France, and is wanted in the U.S. and Russia. Vinnik Sentenced After 3+ Years Alexander Vinnik, the operator of the … Read more

Report: November Sell-off by Long Term BTC Holders Does Not Signal an Approaching Bear Market

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A recent Glassnode report says some long-term holders (LTHs) of bitcoin offloaded part of their holdings and cashed out their profits during a bull-run. Still, the report explains that the sell-off, which has been noticeable since late November, is not necessarily a sign of an approaching bear market. Instead, as the data shows, BTC is … Read more

South Korean Authorities Formally File Fraud Charges Against Coinbit’s Executives

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In South Korea, authorities have formally pressed fraud charges against the chairman of a major crypto exchange in the country, Coinbit, plus two unnamed executives of the firm. They are suspected of price manipulation. Coinbit’s Executives Formally Charged by South Korean Authorities According to Newspim, the 5th Investigation Team of the Seoul Metropolitan Police Agency … Read more

Tips for Keeping Your Finances Intact During COVID-19

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To say the emergence of the novel coronavirus has changed the way we live our lives would be an understatement. With many companies shifting to remote work and schools switching to digital learning, most of us have been spending a lot more time at home. Additionally, to help curb the spread of this highly infectious … Read more