Serbian Man Extradited to US After Being Indicted in $70M Crypto Fraud
The scheme allegedly included offering bitcoin at “half market price.”…
US Prosecutors Charge 2 Foreign Nationals Over Bitcoin Investment Scam
Two Nigerian nationals have been indicted in the U.S. for wire fraud and money laundering relating to a fake bitcoin investment scheme.…
Bitcoin-Friendly US Bank Silvergate Now Serves Over 500 Crypto Companies
Silvergate Bank, headquartered in San Diego as a California state-chartered bank, started its cryptocurrency-related business in 2013. Now over 500 companies from the digital assets industry are using its services…
Quadrigacx Co-Founder Michael Patryn Is Actually Convicted Fraudster Omar Dhanani
Quadrigacx co-founder Michael Patryn is actually a convicted criminal who went by the name Omar Dhanani, a Bloomberg report alleges. Dhanani has been previously convicted of identity theft linked to…
Social Investment Platform Etoro Launches in 30 US States
Social investment and trading platform Etoro has announced the launch of its platform and cryptocurrency wallet in 30 U.S. states and two territories. In America, users will have access to…
US ETF Ruling to Inform South Korean Cryptocurrency Market
Local media has reported that a South Korean exchange is waiting for regulators in the United States to make a ruling regarding the highly anticipated Vaneck cryptocurrency exchange-traded fund (ETF)…
State Treasurer: Ohio Companies Now Paying Tax in BTC
Treasurer in the U.S. state of Ohio Robert Sprague has revealed that at least two companies have paid their taxes using bitcoin since the state launched its cryptocurrency payment platform…
US Lawyers: Crypto Regulations Are ‘Tough Waters to Navigate’
In a recent interview, Matt Kohen and Justin Wales, two senior counsels working for Carlton Fields’ virtual currency and distributed ledger technology group, highlighted the challenges that legal practitioners and…
Wyoming Senate Passes Bill Recognizing Cryptocurrency as Money
The Senate of the U.S. state of Wyoming has passed a bill which defines cryptocurrency as property and establishes rules including for allowing banks to provide crypto custodial services. For…
Presidential Candidate John McAfee Flees U.S. for Alleged Tax Fraud
U.S. presidential candidate John McAfee announced on Tuesday that he has fled the country. According to McAfee’s recent Twitter video he’s “living in exile” on a boat because he’s been…
FBI and Homeland Security Agents Raid Tech Campus Over Unauthorized Crypto Trading
U.S. federal law enforcement authorities are among the most active criminal agencies globally against cryptocurrency infractions. A new example of this is that FBI and Homeland Security agents have reportedly…
The Daily: Kraken Swamped by US Subpoenas, AMD Partners Crypto Studio
In today’s edition of The Daily, we feature a couple of stories that show how the U.S. is potentially stifling the development of the local cryptocurrency industry by burdening companies…
The Daily: Trump Chooses Bitcoin Advocate as Chief of Staff, Congressman Proposes Wall Coins
In today’s edition of The Daily, we feature a couple of stories from the U.S. political scene. President Donald Trump has chosen a known Bitcoin advocate as the Acting White…
Islamic Countries Challenge USD ‘Sanctioning Tool’ With Planned Common Cryptocurrency
Muslim countries around the world are planning to push back against the U.S. dollar’s long global dominance by creating a common digital currency for use in Islamic states. The dollar…