SPONSORED POST* Over the years, the crypto sector has evolved and matured. Some investors believe that it has grown beyond ICOs. However, that is not true. Historical data shows that ICOs are the best...
Tag: Money
Crypto Firm Binance Refutes Allegations Of Money Laundering
The crypto sector has been a subject of divided opinions since the inception of Bitcoin and its meteoric rise. While the assets have benefits like fast transactions and decentralization, some risks in...
Binance Could Be Facing Money Laundering Charges
The U.S. Department of Justice is conflicted about the decision to charge the crypto exchange in the 2018 anti-money laundering laws investigation. DOJ Considers Charging Binance The crypto exchange,...
The FTX money trail: Bankruptcy lawyers shift attention to these FTX donees
If guilty, several representatives that accepted donations from FTX would be forced to return them SBF’s personal donation amounted to $40 million as per reports It has been a little over a month sin...
Fate of crypto exchange Binance hangs on US money laundering investigation
The US Department of Justice (DOJ) is conflicted on whether a longstanding investigation into Binance and its executives should end with indictments or a plea, according to an investigation by Reuters...
Chinese Officials Unearth $1.7B Money Laundering in Crypto
38 seconds ago | 2 mins read Altcoin News The Chinese government was able to seize a total of 130 million Chinese yuan. The probe was initiated when a local bank saw a dramatic increase in deposits. C...
‘Thunder Attack’ Busts $1.7B Tether-fueled Money Laundering Ring
Chinese authorities say they’ve arrested 63 people in a self-styled “thunder attack” on a money laundering gang suspected of washing more than $1.7 billion via crypto. In a coordinated bust, the Horq...
Life Imprisonment? As SBF Arrested In Bahamas On Fraud & Money Laundering Charges At Request Of US DoJ
– Advertisement – SBF faces life imprisonment if convicted. Embattled FTX founder Sam Bankman-Fried has been arrested in the Bahamas at the request of the US Department of Justice based on...
SBF Arrested and Charged over Fraud and Money Laundering
After several media approaches, the ex-CEO of failed exchange FTX, Sam Bankman-Fried, has been apprehended. Herein, the Bahamian and US authorities shed light on the arrest. The disgraced founder of ...
5 things FTX did with its money, according to its new CEO
Ahead of Tuesday’s U.S. House Financial Services Committee hearing on FTX, John Jay Ray III, FTX’s new CEO since bankruptcy, filed written testimony which outlines several “unaccepta...
Will Binance Face Criminal Prosecution for Possible Money Laundering?
Binance and CEO CZ may be in additional danger as authorities discovered irregularities in the cryptocurrency exchange’s compliance program, which is the subject of an ongoing investigation that began...
Chinese Police Arrest Money Laundering Gangs Over $1.7B Crypto Fraud
Chinese authorities from the Horqin Branch of Tongliao Public Security Bureau, Inner Mongolia Autonomous Region, have arrested 63 gang members involved in money laundering activities as the country co...
Binance Denies Reports On Money Laundering Allegations
Binance, the largest cryptocurrency exchange in terms of volume, has responded to an article published by Reuters claiming that the U.S. Department Of Justice found credible evidence of violating U.S....
Robert Kiyosaki Warns to Beware of ‘Fake Money’
Robert Kiyosaki, entrepreneur and ‘Rich Dad Poor Dad’ author, made a prediction that bitcoin owners are going to be rich while the one which he termed as ‘fake money savers’ will not. The latters migh...
Changpeng Zhao and Binance Under Federal Investigation for Potential Money Laundering Violations: Report
U.S. Department of Justice (DOJ) prosecutors are reportedly divided over whether or not to file money laundering charges against the world’s largest crypto exchange and its CEO. According to a new Reu...
Ripple Partner Nium Joins Forces With Paycell for International Money Transfers
– Advertisement – Paycell to leverage Nium’s business payments infrastructure for international money transfers. According to a press release today, Paycell, a financial services platform ...
U.S. To Reportedly Charge Binance For Money Laundering
The crypto world is still reeling from the financial collapse of the Sam Bankman-Fried empire, FTX. With major exchanges taking proactive measures to prevent an imminent implosion, no one is certain h...
Terraform Labs co-founder Do Kwon reportedly hiding in Serbia
South Korean prosecutors said Monday that fugitive crypto executive Do Kwon is hiding in Serbia, according to reports. The prosecutors are working with authorities in Serbia to locate him, the Financi...
US Prosecutors Look to Charge Binance and CZ on Possible Money Laundering Violations: Reuters
“As has been reported widely, regulators are doing a sweeping review of every crypto company against many of the same issues. This nascent industry has grown quickly and Binance has shown its co...
SBF’s Dark Money Contributions Prompted FEC Investigation
An group that keeps an eye on things in the neighborhood has asked for a probe to be conducted into the political contributions that Sam Bankman-Fried has made in the past. The organization asserts th...
Smart Money Invests in SmarterWorx, Cardano, and Binance Coin Top Analyst Says
Every investor is out to make money, but 2022 hasn’t been the best for crypto traders. So far, the market has shrunk by a massive $1.4 trillion. In some instances, the bearish markets wiped out entire...
Australian DJ Wax Motif’s 12 Days Of Christmas Start With Holy Ship Wrecked Music Festival
Wax Motif in performance Wax Motif So there’s always the option of shopping and caroling around this time of year. But rarely does the idea of flying into the Cancun airport and then riding 90 m...
The Fed Could Drive Bitcoin to $18,000 or Unleash More Selling Pressure
Cryptocurrency prices including Bitcoin drifted slightly higher Saturday ahead of an eventful macro week for markets. Highly anticipated inflation data and a likely increase in interest rates from the...
Arbitrum money market Lodestar Finance exploited
Lodestar Finance, a lending platform on Ethereum scaling-solution suite Arbitrum, was attacked and exploited for about $6.5 million. “Protocol was exploited and deposits have been drained,...
Police in China dismantles billion-dollar crypto money laundering operation
Inner Mongolian police have detained sixty-three people in connection with an alleged conspiracy to launder more than 12 billion yuan ($1.7 billion). Ten million yuan laundered monthly According to Ch...
The Block CEO showed ‘serious lack of judgment’ in taking loans from FTX’s Sam Bankman-Fried and not disclosing them
The fallout from the implosion of FTX continues, with crypto publication The Block on Friday announcing that Michael McCaffrey has stepped down as its chief executive officer after failing to disclose...
World’s Top Money Managers See Global Stocks Recovering in 2023
(Bloomberg) — Some of the world’s biggest investors predict that stocks will see low double-digit gains next year, yet the path to a rebound won’t be a straight line. Most Read from Bloomberg Am...
Understand Music NFTs and How to Earn Money by Streaming Your Favorite Tunes
Both artists and the public are seeing the benefits of joining the ecosystem – the Web3 decentralized character allows for user input and ownership. Music is now one of the many areas that NFT adoptio...
These money and investing tips can fill your portfolio with holiday cheer
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Be on guard against Wall Stree...