Feds Seize $34 Million in Crypto From Unidentified Florida Man

On April 4, 2022, the Department of Justice (DOJ) and the U.S. Attorney’s Office of South Florida revealed that law enforcement seized $34 million in crypto assets from an unidentified man living in Florida. According to the DOJ, the man allegedly conducted more than 100,000 sales on darknet markets, selling online account information tied to … Read more

ApeCoin Continues to Expand Its Ecosystem With Bittrex Listing and Shopping.io Integration

ApeCoin made headlines when it released its token last month to reward Bored Ape Yacht Club NFT members and enter the Metaverse and Web3 space in cryptocurrency. As the fifth-largest Metaverse crypto coin by market cap, according to CoinMarketCap, ApeCoin has tremendous long-term potential as The Ape Foundation and the ApeCoin DAO lead the cryptocurrency … Read more

Ecuadorian Police Seize Assets of Fortunario Due to Alleged Illegal Money Collection Operations

The Ecuadorian Police and the prosecution of Ecuador have raided several locations linked to Fortunario Digital Assets, a company that was allegedly making illegal collections of money related to forex and cryptocurrency business. The operation also encompassed the seizure of more than $7 million from the accounts of the Ecuadorian company. Ecuadorian Police Raid Fortunario … Read more

Colombian Money Laundering Watchdog Postpones Crypto Transaction Reporting Resolution

The UIAF, which is the Colombian money laundering watchdog, has postponed the date on which exchanges and individuals must start reporting their transactions to the organization. The institution will now open a consulting period in which companies and individuals can present their thoughts regarding the proposed regulation, which might be modified before its application on … Read more

Game Developer Group States Using NFTs in Gaming Presents Ethical Issues

The International Game Developers Association (IGDA), a group integrated by a number of game developers and programmers from companies across the globe, has addressed the use of NFTs (non-fungible tokens) in the gaming industry. The director of the group has stated that the introduction of these elements in gaming projects presents “ethical issues,” and this … Read more

Recent Poll Suggests 21% of Americans Have Dabbled in Crypto

A recent poll conducted by NBC News indicates that one in five Americans has used cryptocurrencies by either investing or trading digital assets. The findings suggest that crypto assets continue to become more popular as 21% of the 1,000 participants surveyed have “dabbled” in crypto assets. Survey Says 1 in 5 Americans Has Used Crypto … Read more

Tracker Shows Close to 3,000 Crypto ATMs Were Installed in 2022’s First Quarter

During the last 12 months, there’s been an exponential number of cryptocurrency automated teller machines (ATMs) installed as data shows that 20,000 crypto ATMs were installed last year. This year machines are still being installed in great numbers and since December 30, there have been 2,759 machines added to the list of 36,659 crypto ATMs … Read more

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