Ex-Bitmain Chip Designer Reportedly Arrested for Alleged Embezzlement
A former leading chip designer at Bitmain has reportedly been arrested on suspicion of alleged embezzlement Go to Source Powered by WPeMatico
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Indian Lawmaker Says ‘Cryptocurrency Is Inevitable’
Indian Parliament member Dr. Subramanian Swamy has shared his view on cryptocurrency. Advocating for India to make the transition to crypto, he reportedly said, “cryptocurrency is inevitable.” The lawmaker will chair a conference at the UN India’s headquarters next week where issues surrounding cryptocurrency in the country will be discussed. Also read: Regulatory Roundup – … Read more
Thai Police Arrest 24 Chinese Nationals for Alleged Bitcoin Scam
Thai immigration police have arrested 24 Chinese nationals in connection with an alleged Bitcoin scam call center Go to Source Powered by WPeMatico
Office of Chinese Crypto Exchange BISS Closed, Staff Members Arrested
Chinese authorities shut down crypto exchange BISS, arresting 10 people involved Go to Source Powered by WPeMatico
Markets Crash After Reports That Binance’s Shangai Office Closed in Crypto Crackdown
Chinese police have reportedly raided and closed the Shanghai offices of leading cryptocurrency exchange Binance Go to Source Powered by WPeMatico
Netherlands: Police Arrest Founder of Blockchain Startup That Raised Over $80M
The police seized the founder of blockchain game development startup Komodore64, which was allegedly a fraudulent scheme Go to Source Powered by WPeMatico
Russia: New Law Would Let Police Confiscate Bitcoin From 2021
Russia plans to make criminals turn over their private keys Go to Source Powered by WPeMatico
Economic Turmoil in Hong Kong Escalates as Colonial-Era Law Is Imposed
Colonial-era law has been imposed in Hong Kong causing the economic situation to degrade further, with empty ATMs and bank runs becoming a new norm. Protestors and non-protestors alike fear the martial law-like ERO (Emergency Regulations Ordinance) could eventually grind the city’s financial activity to an unprecedented halt. Also Read: Protesters Wield Tools of Freedom … Read more
RBI Ban Stops Indian Police From Cashing Out Seized Crypto
The effects of banking restrictions by the Reserve Bank of India (RBI) have reached an Indian police department. The police sold some cryptocurrencies they seized only to find out that they cannot access the Rs 8.42 crore (~$1.2 million) proceeds due to the current RBI banking ban. Also read: India’s Popular ‘Who Wants to Be … Read more
India Police Can’t Move Seized Crypto Due to India’s Anti-Crypto Law
The police of Pune, India, can’t transfer $1.2 million in seized crypto due to India’s anti-cryptocurrency laws Go to Source Powered by WPeMatico