Corruption – DIGIT INFO

Tether’s $5B mint and political entanglements raise suspicion about industry

DIGIT — Tue, 26 Nov 2024 14:45:00 +0000

Unraveling Tether’s complex web of financial maneuvers and its impact on the global crypto market.

Go to Source

Suriname the next Bitcoin Nation? Crypto inspires Parbhoe to fight corruption

DIGIT — Mon, 25 Nov 2024 14:15:00 +0000

Suriname’s new presidential candidate Parbhoe wants a deeper Bitcoin nation than Nayib Bukele’s El Salvador.

Go to Source

US gov’t job could allow Elon Musk to defer capital gains tax

DIGIT — Fri, 15 Nov 2024 20:30:03 +0000

The ‘DOGE’ department proposed by Elon Musk could allow the Tesla CEO to divest many of his assets and defer paying taxes.

Go to Source

Crypto founder paid LA cops to extort victim for crypto, FBI alleges

DIGIT — Fri, 27 Sep 2024 06:59:22 +0000

Adam Iza, the founder of the crypto trading platform Zort, allegedly paid Los Angeles Sheriff’s deputies for information that he used to blackmail a target he intended to rob.

Go to Source

Venezuela bans crypto mining to protect power grid

DIGIT — Sun, 19 May 2024 08:08:14 +0000

This move follows a recent crackdown that involved confiscating 2,000 cryptocurrency mining devices as part of an anti-corruption initiative.

Go to Source

London’s ‘Joe Rogan’ and crypto advocate Brian Rose makes bid for mayor

DIGIT — Tue, 30 Apr 2024 13:32:00 +0000

The former Wall Street and City of London banker is making his second bid to become mayor of London.

Go to Source

The Fall of Medici Bank: Lessons on Fractional Reserve Banking From 15th Century Italy

DIGIT — Sun, 16 Apr 2023 22:30:17 +0000

Amid the banking chaos of the 21st century, some are looking back more than 600 years ago, to the Medici Bank — one of the most powerful banks of its time. It established its business and became one of the most respected banks in Europe during its prime, and the prominent Italian family of bankers […]

Go to Source

Elizabeth Warren Explains Her ‘Anti-Crypto Army’ Stance; Waves of Democrats Oppose Her Bitcoin Criticism

DIGIT — Mon, 03 Apr 2023 16:04:59 +0000

Elizabeth Warren, the Democratic senator from Massachusetts, has recently launched a political campaign against cryptocurrencies as she seeks a third term in office in 2024. In a recent interview on “Meet the Press Reports” with NBC’s Chuck Todd, Warren likened buying bitcoin to “buying air.” Despite her stated distrust of banks, Warren told the show […]

Go to Source

Former FTX CEO Sam Bankman-Fried Faces New Bribery Charges for Alleged Crypto Payment to Chinese Officials

DIGIT — Tue, 28 Mar 2023 17:30:56 +0000

Sam Bankman-Fried (SBF), the former CEO of FTX, now faces a 13-count indictment as U.S. officials have added new charges. One of the new charges alleges that SBF leveraged $40 million to influence “one or more Chinese government officials.” Details of the Bribery Charges Against Sam Bankman-Fried Sam Bankman-Fried (SBF), the co-founder and former CEO […]

Go to Source

Head of Venezuelan Crypto Watchdog Sunacrip Arrested on Alleged Corruption Charges; Institution to Face Restructuring

DIGIT — Tue, 21 Mar 2023 08:30:53 +0000

Joselit Ramirez, head of the Venezuelan cryptocurrency authority Sunacrip, was arrested on March 18, according to reports from local media. Ramirez, who led the institution from its creation in 2018, was arrested for being allegedly involved in corruption schemes, including the embezzlement of $3 billion related to unregistered oil sales. Sunacrip Boss Joselit Ramirez Arrested […]

Go to Source