Darknet Vendor and Pharmacist Charged With $270 Million Bitcoin Drug Trade
Two Costa Rican residents were charged for selling drugs worth $270 million on the darknet. Go to Source Powered by WPeMatico
Regulation
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Deregulating Crypto Could Spark More Speculation Says Japan’s FSA
“Deregulating Bitcoins and other cryptocurrencies may not necessarily promote technical innovation,” says Japan’s new top financial regulator. Go to Source Powered by WPeMatico
Alleged 17-Year-Old Twitter Hack Mastermind Pleads Not Guilty
On Tuesday, during a court hearing in Hillsborough Circuit Court, the “mastermind” of the Twitter hack pleaded not guilty. Go to Source Powered by WPeMatico
Germany: Alleged Darknet Druglords on Trial for Bitcoin Narcotics Trade
The alleged dealers involved in Germany’s largest Bitcoin-enabled darknet narcotics marketplace will stand trial today. Go to Source Powered by WPeMatico
Indian Government Actively Working Towards New Crypto Ban
Five months after Indian courts lifted the blanket ban on crypto, an official said the government is considering a new law banning crypto. Go to Source Powered by WPeMatico
Scott Melker Recounts How He Fell Victim to a SIM Swap Attack
The ‘Wolf of All Streets’ offers suggestions for how to protect one’s crypto assets and identity after his SIM was compromised in February. Go to Source Powered by WPeMatico
Huobi’s COO Thinks Blockchain Regulation Needs to be Better Defined
Huobi’s COO believes lack of defined regulation and infrastructure services are preventing the mass adoption of blockchain technology. Go to Source Powered by WPeMatico
South African Bitcoin Investment Company Faces Fresh Scam Allegations
FX Choice, a forex and crypto trading company, is making new allegations that South African bitcoin investment company, Mirror Trading International (MTI) is a multi-level marketing scam. The company says it uncovered this after researching into MTI, a firm that claims to have “118,027 members in 192 countries” and ostensibly sees “12,879.70 Bitcoin in trade … Read more
Congresspeople Call on IRS to Take It Easy on Taxing Staking Rewards
Several of the more crypto-forward members of Congress have asked the IRS to sharpen up its guidance on taxing staking rewards. Go to Source Powered by WPeMatico
Twitter Hack Shows That Crypto Is Easier to Investigate Than Fiat, Say Industry Law Experts
A panel of compliance experts from the crypto industry agreed that law enforcement and institutional finance have been hearing more positive narratives about crypto. Go to Source Powered by WPeMatico