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John McAfee to be Served with SEC Court Documents as He Awaits Extradition from Spain

John McAfee to be Served with SEC Court Documents as He Awaits Extradition from Spain

John McAfee is to be served by the SEC for seven illegal initial coin offerings (ICO) he conducted, as well as for tax evasion.

Thai Central Bank Issues Stern Warning about Thai Baht Digital (THT) Stablecoin

Thai Central Bank Issues Stern Warning about Thai Baht Digital (THT) Stablecoin

The Bank of Thailand is warning citizens against using the illegal THT stablecoin.

FinCEN Warns Social Media Companies Involved in Crypto to be Vigilant Regarding Illicit Transactions

FinCEN Warns Social Media Companies Involved in Crypto to be Vigilant Regarding Illicit Transactions

The Financial Crimes Enforcement Network (FinCEN) has urged social media and messaging companies that are working with on cryptocurrencies to be vigilant about illegal transactions.

Unauthorized Cryptocurrency Betting Jeopardizes Jockey Racing Integrity, Warns HKJC Expert

Unauthorized Cryptocurrency Betting Jeopardizes Jockey Racing Integrity, Warns HKJC Expert

During a presentation at the Asian Racing Conference in Cape Town, South Africa, Tom Chignell, a Hong Kong Jockey Club expert, warned that illegal cryptocurrency betting markets could seriously compromise jockey racing integrity.

LocalBitcoins Deploys Elliptic’s Blockchain-Powered Tracking Tools for Enhanced Surveillance

LocalBitcoins Deploys Elliptic’s Blockchain-Powered Tracking Tools for Enhanced Surveillance

Leading peer to peer (P2P) Bitcoin trading platform LocalBitcoins has partnered with Elliptic, a global provider of crypto asset risk management solutions, to tame the headache of its illegal usage through blockchain-enabled monitoring tools.

Bitcoin and Anonymous Tokens Used in Illicit Child Porn Activities—Crackdown by Spanish Authorities

Bitcoin and Anonymous Tokens Used in Illicit Child Porn Activities—Crackdown by Spanish Authorities

According to a recent report by Guardia Civil, Spanish authorities arrested several individuals involved in illicit crypto-driven child porn activities. Within the Kiru criminal operation ring, a man was detained for abusing his stepdaughter and using her to generate content for an illegal child porn website. Digital payouts were then made to an offshore account.

Leading Musicians Continue to Fight with Blockchain in Battle Against Piracy

Leading Musicians Continue to Fight with Blockchain in Battle Against Piracy

In recent years studies have shown that there has been a sharp decline in album sales net revenue, due to online piracy and illegal creation or sharing of property righted materials.

Iran Government Offers Up To 20% Reward To Anyone Who Exposes Illicit Cryptocurrency Mining In The Country

Iran Government Offers Up To 20% Reward To Anyone Who Exposes Illicit Cryptocurrency Mining In The Country

Iran just offered a reward to anyone who exposes illicit cryptocurrency mining in the country.

Equating Cryptocurrency Solely with Illegal Conduct Lacks Understanding

Equating Cryptocurrency Solely with Illegal Conduct Lacks Understanding

Cryptocurrency has its benefits, but several consumers are still unaware of what they are because of security concerns and how the technology functions. In a recent interview, Coleman Watson – Managing partner Watson LLP – identified that while many people are interested in using cryptocurrency, lack of understanding remains a major hurdle.

Facebook Libra: The Latest Crypto Used in Illegal Financial Activities?

Facebook Libra: The Latest Crypto Used in Illegal Financial Activities?

“With the evolution of virtual currencies and new marketplaces, nefarious actors are continuously adapting to find new ways to engage in illegal financial activity.” said U.S. Representatives Emanuel Cleaver, during the briefing with Financial Crimes Enforcement Network (FinCEN) on 27 June.

India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?

India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?

India has been taking multiple stances when it comes to blockchain and cryptocurrencies, as cryptocurrency has not been deemed legal, but not it is not considered illegal either. The National Payments Corporation of India (NPCI) recently designed and adopted a blockchain-based system for automating payment clearing and settlement processes.

NSA’s Mass Phone Tapping and Data Collection was Illegal Says United States Federal Court

NSA’s Mass Phone Tapping and Data Collection was Illegal Says United States Federal Court

The NSA’s controversial phone data collection program first brought to light by former NSA agent Edward Snowden has been called illegal by a US Federal Court.

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