Kazakhstan has identified and shut down ABS Change, a platform that was illegally trading cryptocurrencies. Three Kazakhstani citizens have been charged with running the exchange, which has been opera...
Tag: Illegal
MinePlex Refutes Claims of Illegal Activities and Lack of Working Product in Vietnam
Singapore-registered cryptocurrency company MinePlex denies all allegations of illegal activities made against the company by Vietnamese TV channel VTV. The company plans to take legal action after VT...
Astra investigates ‘potential illegal short selling’ as delisting deadline looms
Astra CEO Chris Kemp speaks inside the company’s headquarters during the company’s “Spacetech Day” on May 12, 2022. Brady Kenniston / Astra Spacecraft engine manufacturer and s...
South Koreans transacted $4.3 billion through illegal crypto exchanges
South Korea has been tightening its regulatory regime towards crypto exchanges, but it seems that some citizens are still engaging in illegal transactions. According to local sources, South Koreans tr...
Korea Customs Seizes Illegal CryptoTransactions Worth 5.6 Trillion Won
Korean customs service reportedly seized 5.6 trillion won worth of cryptocurrencies last year. The customs also reportedly seized 8.2 trillion won in trade and economic crimes. The captured cryptocurr...
Sam Bankman-Fried Accused of Conspiring To Make Illegal Political Donations, Hit With Four New Charges
The disgraced founder of bankrupt crypto exchange platform FTX is getting hit with a series of new charges related to allegedly making illegal political donations. New court documents reveal that form...
Bankman-Fried Hit With Four New Criminal Charges Alleging Illegal Political Donations And Bank Fraud
Topline Former billionaire Sam Bankman-Fried, the founder of befallen crypto exchange FTX, has been charged with four new criminal counts including allegations of illegal political donations and bank ...
UK Financial Regulator Cracks Down on Illegal Crypto ATMs
The UK’s Financial Conduct Authority (FCA) is cracking down on unregistered crypto ATMs. The regulator says it recently entered and inspected several sites near the city of Leeds, in the North of Engl...
UK police crackdown on illegal crypto ATMs
The Financial Conduct Authority (FCA) and West Yorkshire Police have teamed up to disrupt unregistered crypto businesses operating illegally in the U.K., with a focus on identifying and disabling ille...
UK FCA to take action against unregistered, illegal cryptocurrency ATMs
The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), is coming for unregistered cryptocurrency automated teller machines (ATMs). The FCA and the cyber team at West Yorkshir...
FCA Targets Illegal Crypto ATM Operators in UK
The U.K. Financial Conduct Authority (FCA) has taken action against unregistered crypto ATMs as the country works to regulate crypto assets. The United Kingdom is on a mission to become a global crypt...
All Crypto ATM Firms in UK Are Illegal, Says FCA
It hasn’t been up to two months since Elliptic, a blockchain analytics firm, published a report detailing its prediction for crypto regulations this year. The firm said 2023 would see increased sancti...
Kazakhstan is Taking Steps to Curtail Illegal Mining Operations
Kazakhstan government tightens regulations for crypto miners. Crypto firms with their mining infrastructure come under the first category. As the cryptocurrency boom expanded at the start of 2023, gia...
Town Tells Donut Shop That Mural Painted By Local High Schoolers Is Illegal, Threatens Fines
Leavitt’s Country Bakery owner Sean Young in front of mural that is being threatened with fines. Institute for Justice High school students worked for weeks on an art project for a beloved local...
Celsius failed to report $800 million in losses as CFO flagged ‘possibly illegal’ behavior
Crypto lender Celsius operated a riskier business than advertised and failed to report hundreds of millions in losses, all while CEO Alex Mashinsky cashed out more than $68 million, according to a cou...
Hellbiz stock skyrockets after following Genius Group’s example of investigating illegal short selling
Shares of Hellbiz Inc. HLBZ, +70.76% skyrocketed 143.3% toward a three-month high on massive volume in morning trading Friday, after the New York-based e-scooters and e-bicycles provider said it was e...
Binance linked to illegal cryptocurrency platform Bitzlato
The United States Financial Crimes Enforcement Network (FinCEN), which is a division of the Department of the Treasury, has asserted that there is a connection between Binance and the unlawful cryptoc...
Genius Group names ex-FBI official to head task force to investigate illegal trading of stock, to pay special dividened
Genius Group Ltd GNS, +241.74%, an edtech and education group, said Thursday it has appointed Timothy Murphy to lead a task force investigating alleged illegal trading in its stock that it first discl...
Breaking: Lazarus Group’s Illegal Movement of 41,000 ETH Exposed
ZachXBT shares his findings on the latest illegal shift by North Korea’s Lazarus Group. Lazarus Group moved around 41,000 ETH, stolen from the Harmony bridge hack. The crypto community started buzzing...
Illegal on-chain cryptocurrency activities reach all-time highs of $20.1B
Illicit cryptocurrency on-chain transaction volume reaches all-time highs of $20.1 billion, growing for the second year in a row, according to a recent report by Chainalysis. The report said: We have ...
Belarusian Fined $1 Million for Illegal Crypto Trading – Bitcoin News
A Belarusian citizen will have to pay a hefty fine for illegally organizing the exchange of cryptocurrencies online. Law enforcement authorities in the country, where certain crypto activities are leg...
Why This Billionaire Believes The Illegal Practice Will Spark The Next Crypto Crisis
Billionaire Mark Cuban recently shared his thoughts about what could possibly cause the next crypto implosion: wash trading. During a recent interview with TheStreet, Cuban – who also is a well-known ...
In A Reverse Course, Yasiel Puig Plans To Plead Not Guilty In Federal Illegal Gambling Case
Yasiel Puig, when he was a member of the Dodgers in 2017. Associated Press Yasiel Puig made an appearance at the recently-concluded Major League Baseball winter meetings in San Diego, the Cuban-born f...
Ukrainian tailor shop was a front for illegal crypto mining
A tailor shop located in Ukraine was illegally mining cryptocurrency and was shut down by local authorities. Law enforcement discovered that a tailor shop located in Kovel — a city located in the Voly...
‘Unethical and illegal from the very beginning’
In a recent interview Michael Saylor, the MicroStrategy executive chairman and major Bitcoin (BTC) bull, shared his perspective on the fall of the FTX empire. Saylor said that for years there has been...
ApeCoin Staking in The U.S. is Illegal, Find Here The Details
Horizen can’t operate staking in the US. ApeCoin said that anyone can stake $APE through a contract. ApeCoin is an ERC-20 governance and utility token. It is used within the APE Ecosystem to empower a...
Illegal For 79 Years, This Loophole Lets Regular Americans Invest Alongside Silicon Valley Insiders
For 79 years, if you wanted the right to invest in early-stage companies like Apple in the 1970s, Facebook in 2004, or Airbnb in 2009, you had to be an “accredited investor.” The concept came from a 1...
Republicans Launch Probe Into Hunter Biden Over Illegal Activities
Right after winning the US midterm elections, the House Republicans unveiled a probe into President Joe Biden’s family. The investigation also includes business activities of Biden’s son Hunter Biden....
FTX actions ‘were illegal 100 years ago,’ says Rep. Auchincloss
Congressman Jake Auchincloss, D-Mass., rejected the urgency for new crypto legislation in response to the collapse of FTX last week. “The disaster with FTX is just another exclamation point arou...
Some GOP Counties Want To Hand-Count All Ballots—But Judges Say That’s Illegal
Topline A judge on Monday blocked a rural Arizona county from moving forward with a plan by Republican officials to hand-count every ballot cast in Tuesday’s midterm, shutting down the latest attempt ...
Hellbiz hires same company used by Genius Group to combat illegal short selling
Shares of Hellbiz Inc. HLBZ, +109.13% soared 41.3% in midday trading Monday, and have more than doubled in two days, after the e-scooters and e-bicycles provider said it hired Shareholder Intelligence...