Tweet RCMP Investigation According to court filings in Canada, Kevin Hobbs and Lisa Chang, the two co-founders of an ICO called EtherParty FUEL and an associated company, Vanbex, based in Vancouver, are allegedly under investigation by the Federal and Serious Organized Crime Division of the RCMP for, inter alia, fraud and are also allegedly under […]
Tweet Updated December 26, 2019 – On November 1, 2019, the High Court of Hong Kong reversed its decision and agreed to order a mareva injunction sought by Nico Constantijn Samara against CitiBank and Gatecoin digital currency exchange. This is one of those stories that could only happen in the Bitcoin world. In June 2017, […]
Tweet Vancouver’s James Ellingson A Vancouver man, James Ellingson, is the subject of an extradition request by the Southern District of New York (“SDNY“), based on charges that include money laundering and narcotics importation. Ellingson was arrested in Vancouver on October 29, 2018, under an Extradition Act provisional warrant. According to the SDNY, Ellingson sold drugs on […]
Tweet According to this article in Vancouver, a Vancouver based charity called GiveCrypto.org, is sending, transferring or donating (perhaps all 3), digital currencies from the US (via Coinbase, a digital currency exchange) to people in Venezuela. The article does not say who receives the digital currencies in Venezuela, how they receive it or how much […]
Tweet Saudi Arabia and the United Arab Emirates announced yesterday in Abu Dhabi that they have created and launched a joint new bi-national digital currency. The name of the coin has not been released, not the type, not the amount issued, nor its price per coin. According to the governments of both nations, the new […]
Tweet An online gambling executive, William Creighton, who ran sports books from Costa Rica, disappeared last September 2018 and is believed to be dead. His car was found abandoned and his wife reported him missing a day later. He was never located. His wife informed the police that the night before, she had received a […]
Tweet Two US lawmakers introduced bills to prevent Iran from being able to grow its planned government issued sovereign initial coin offering, or its own digital currency. Both bills add criminal liability to persons, financial institutions, correspondent banks and digital currency exchanges that facilitate transactions involving an Iranian digital currency. The Iranian government appears to […]
Tweet Exchange CEO Indicted The CEO of a digital currency exchange who pleaded guilty after being indicted in New York for, inter alia, selling Bitcoin to US residents illegally and then stealing it from them by removing it from the exchange’s pooled wallet, is awaiting sentencing for the criminal proceeding against him, and is also negotiating […]
Tweet A foreign national from France, known on the dark net as OxyMonster, was sentenced to 20 years jail in the US for selling drugs such as fentanyl, online, and laundering the proceeds of crime. Gal Vallerius, 36, pleaded guilty to drug distribution and money laundering in Miami in June for selling cocaine, methamphetamine, fentanyl, oxycodone […]
Tweet The Department of Justice announced the indictment of 7 Russian foreign nationals in Pennsylvania for their roles in an alleged hacking of anti-doping sports agencies, including one in Canada called the Canadian Centre for Ethics and Sports. According to the indictment, the indicted persons hacked into computers for several years to allegedly influence sports […]