Search Results for "criminal"
FinCEN Director Warns Crypto Firms Are Not Above Anti-Money Laundering Laws
Speaking at the University of Georgetown, Kenneth Blanco, FinCEN (The United States Financial Crimes Enforcement Network) Director, blasted the crypto firm by informing them that they are not exempted from the anti-money laundering laws.
Former Microsoft Employee Convicted of $10M Bitcoin Tax Fraud Scheme
A former Microsoft employee is facing nine years in prison for defrauding the tech firm of more than $10 million in digital currency.
Blockchain-Based Invoices Reached $1 Billion USD in China with 10 Million Invoices
Shenzhen’s pilot blockchain technology invoice system has reached a new milestone. The program known as ‘fapiao’ which allows the Chinese government to track purchases and prevent tax evasion, has just issued its 10 millionth invoice.
India Darknet Policing Ramps Up Following Drug Racket Arrests
Law enforcement agencies in India are teaming up with national research and academic institutions to enhance their ability to police the darknet.
Cryptocurrencies Should be Given Room to Grow, Asserts IMF Chief
Christine Lagarde, the IMF Chief has asked financial players, such as central banks, to be open-minded when it comes to innovations, such as cryptocurrencies, as they should be given space to grow.
Texas Man Charged for Using COVID-19 Small Business Relief Funds to Buy Crypto
Texas resident Joshua Thomas Argires has been charged for investing COVID-19 relief funds in cryptocurrencies
Cybersecurity Firm Kaspersky Warns of New Ransomware Devised by Notorious North Korean Ransomware Group
Multinational cybersecurity provider Kaspersky has announced that the notorious North Korean crypto criminal group, Lazarus, is planning on releasing a new ransomware.
DFA Bill Passed, But Central Bank of Russia Still Thinks Cryptos Are Criminal
Despite the Digital Financial Assets bill being passed by the State Duma, Russia’s Central Bank has nevertheless argued that crypto transactions are not deemed as legitimate investments.
Why Did the University of California San Francisco Pay Hackers $1.4 Million in Bitcoin?
The University of California, San Francisco (UCSF), has recently paid criminal hackers $1.14 million to resolve a ransomware attack. The university reportedly paid the amount in 116.4 Bitcoins worth over $1 million.
CipherTrace Life Hack for Criminal Investigations: How to Know if Cryptocurrency Was Utilized
CipherTrace blockchain analytics firm has revealed guidelines that could help law enforcement identify that cryptocurrency was used for illicit activities.
Russia Plans to Build AI Software to Remove the Anonymity of Users in Crypto Transactions
The Russian agency’s plan involves using artificial intelligence (AI) for its software, as the agency sees an “urgent need to create effective opportunities for state control over the circulation of virtual assets.”
Twitter CEO Jack Dorsey Supports Nigerian Protest Against Police Brutality With Bitcoin Donations
Twitter CEO Jack Dorsey has supported Nigeria's EndSars campaign against police brutality with an undisclosed amount of Bitcoin (BTC), asks public for further donations.