Bookmarking Crypto Insights
Auto Added by WPeMatico
A large amount of cryptocurrency has reportedly been withdrawn from a wallet previously controlled by the Finiko Ponzi scheme in Russia. The wallet’s unknown operators have transferred coins worth $48 million this month. The digital currency was split into smaller amounts and deposited to different addresses. 750 BTC Removed From Crypto Pyramid Finiko Wallet A … Read more
The Onecoin Ponzi scheme is still making headlines as reports from a trial in Germany revealed the missing ‘Cryptoqueen,’ Ruja Ignatova, purchased a London penthouse worth $18.2 million with proceeds from the Onecoin operation. The Münster court’s findings stem from the trial against Martin Breidenbach, Ignatova’s German attorney, who is being accused of money laundering. … Read more
The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming months. Minister Says Pakistan Government Has No Objection to Investments … Read more
Another batch of Russian online crypto exchanges in Russia face closure following a recent decision by a regional court. Information published on their websites has been deemed illegal meaning the country’s telecom watchdog can block access to their platforms. Roskomnadzor May Take Down Blacklisted Crypto Exchanges A number of websites providing options to exchange, cash … Read more
eNaira will continue to circulate alongside its fiat counterpart, however, promising a faster, cheaper, and more secure option for monetary transactions. Go to Source Powered by WPeMatico
“Litigation will expose this case for what it is: a clumsy attempt at a money grab, which recklessly harms the whole cryptocurrency ecosystem,” said Tether. Go to Source Powered by WPeMatico
The plea deal ends a nearly two-year legal battle between Griffith and U.S. prosecutors tied to a presentation the developer gave in Pyongyang. Go to Source Powered by WPeMatico
On September 27, 2021, at the Southern District of New York courthouse, the trial against former Ethereum developer Virgil Griffith started at 9:30 a.m. (EST). Griffith was facing 20 years behind bars for discussing blockchain technology in North Korea. Around 10:30 a.m., Griffith pleaded guilty and accepted a plea deal with up to six and … Read more
A court in Tatarstan has extended the detention of Kirill Doronin, founder of Russia’s largest Ponzi scheme in recent times, Finiko. Doronin will spend at least two more months in custody as authorities fear he could hide from law enforcement. Ilgiz Shakirov, vice-president of the crypto pyramid, remains under detention as well. Finiko Mastermind Doronin … Read more
In April, sharing their Coinbase account credentials with a fraudster had cost a California resident more than $11 million. Now, there might be recourse. Go to Source Powered by WPeMatico
