Illegal Activity – DIGIT INFO

Indonesia considering Telegram ban over lack of moderation

DIGIT — Thu, 29 Aug 2024 07:42:30 +0000

Telegram has reportedly failed to improve moderation and issue a resolution over illicit content distribution after several requests from Indonesia.

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South Korean Prosecutors Uncover Alleged $314 Million Criminal Proceeds Tied to Terraform Labs Co-Founders

DIGIT — Fri, 07 Apr 2023 15:34:59 +0000

According to a report by South Korean news publication KBS, Do Kwon, the co-founder of Terraform Labs, has converted a “large part” of his assets into bitcoin. Prosecutors in South Korea believe that Kwon’s purported bitcoin stash was transferred to an international exchange. Report Says Do Kwon Allegedly Sold a ‘Large Part’ of His Assets […]

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Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace

DIGIT — Thu, 23 Feb 2023 20:19:58 +0000

A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole nearly $18,000 in electricity to power the crypto mining scheme. Former Cohasset School Employee Faces Charges for Electricity Theft in School […]

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Decentralized Finance Crypto Exchange Uniswap Starts Blocking Addresses Linked To ‘Blocked Activities’

DIGIT — Tue, 26 Apr 2022 00:30:52 +0000

Uniswap, one of the main decentralized finance exchanges in the cryptocurrency world, is now taking measures to ensure illegal funds cannot be transacted using its platform. The company has already started blocking addresses linked to “blocked activities” and will apply a filter with data provided by TRM Labs, a blockchain analysis firm that focuses on […]

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Bitmex Cofounder Ben Delo Surrenders to US Authorities— Arthur Hayes to Follow in April

DIGIT — Wed, 17 Mar 2021 17:15:34 +0000

Legal issues with crypto exchange Bitmex’s cofounders still make the headlines. Benjamin Delo surrendered to the U.S. authorities, and Arthur Hayes agreed to make the same maneuver in April. Delo Released on a $20M Bail Bond According to Bloomberg, Bitmex’s cofounder Benjamin Delo traveled from the U.K. to the United States and pleaded not guilty […]

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Illegal Activity No Longer Dominant Use of Bitcoin: DEA Agent

DIGIT — Fri, 10 Aug 2018 01:25:43 +0000

A special agent with the U.S. Drug Enforcement Administration (DEA) has reportedly revealed that the use of bitcoin in illegal activities has shrunk to about 10 percent from 90 percent previously. This finding contradicts the popular perception of the cryptocurrency’s primary use. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Data From DEA […]

The post Illegal Activity No Longer Dominant Use of Bitcoin: DEA Agent appeared first on Bitcoin News.

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