The case hearing for the couple involved in laundering money for the Bitfinex hack has been postponed. Ilya Lichtenstein and his wife Heather Morgan were accused of being involved in the Bitfinex hack...
Tag: Proceeds
Officials State Elon Musk Twitter Deal Proceeds as Planned
39 mins ago | 2 mins read Altcoin News Twitter confirms that the Musk deal is on track for its employees. Musk claims that he thinks about Twitter only <5% time. Vijaya Gadde, Twitter’s top lawyer ...
US Treasury Department sanctions Blender.io over laundering proceeds of Axie Infinity hack
The Ronin Network’s hack was ranked as one of the largest in the decentralized finance (DeFi) sector. The threat actors behind the hack made away with over $600M worth of cryptocurrencies. The US Trea...
Nigerian Trio Allegedly Uses Money Laundering Proceeds to Buy Bitcoins Worth Over $43 Million – Regulation Bitcoin News
Three Nigerian nationals are accused of using money laundering proceeds to buy bitcoin worth over $43 million from cryptocurrency exchange platforms like Binance and Busha. The trio is accused of movi...
AkuDreams suffers exploit, loses $34M in proceeds forever
The much-hyped non-fungible token project AkuDreams is off to a rocky start after an exploit caused $34 million in proceeds to be locked in a smart contract forever. The hacker behind the exploit was...
IMF says crypto could be used to hide corruption proceeds
The International Monetary Fund (IMF) is calling for a clear regulatory framework for the digital asset sector. Currently, the crypto market sector has a valuation of above $2 trillion, and the sector...
Russia Proceeds With Efforts to Legalize Crypto Amid Sanctions Over Ukraine – Regulation Bitcoin News
Authorities in Russia are continuing their work to establish a comprehensive legal framework for crypto transactions. The efforts, which started before the military invasion of Ukraine, go on amid war...
Russian Billionaire Roman Abramovich To Sell Chelsea FC–Donate Proceeds To Help Victims In Ukraine
Topline Roman Abramovich said Wednesday he is selling his English soccer team Chelsea FC and will donate all net proceeds to victims of Russia’s war in Ukraine, ending his nearly 20-year ownership of ...
Bank of Russia Proceeds With Digital Ruble, Renews Push for Crypto Ban
In its letter, the Bank of Russia said that allowing non-qualified investors to trade cryptocurrencies through banks will create “an illusion of government protection” while encouraging pe...
Cardano proceeds with important updates to eliminate congestion issues
Input Output (IOHK) recently announced important updates that will increase Cardano’s block size by 11%. The network’s core development team also scheduled a memory boost for its smart contract platf...
Sci-fi game Parallel to donate NFT auction proceeds to Khan Academy
advertisement The non-fungible token (NFT) sci-fi trading card game Parallel will be auctioning off a single edition NFT and giving all the proceeds to the online learning platform Khan Academy. “Auc...
Legal fight emerges between ConsenSys, former venture partner over fund proceeds
A legal fight has emerged between the Ethereum-focused company ConsenSys and a former venture executive. The spat, first detailed by Business Insider on Thursday, broke into the open with a December 3...