US identifies Canada as major money laundering country, and notes concern over its low prosecution rate

Tweet Canada once again a Major Money Laundering country The 2019 International Narcotics Control Strategy Report (INCSR) published on Friday by the U.S. Department of State identifies Canada once again as a major money laundering country along with a host of risky countries for financial crime. A major money laundering country is one whose banks […]

Vancouver ICO firm co-founders allegedly defrauded investors

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 […]

Iran using ghost supertankers to avoid sanctions law

Tweet According to this article in the Financial Times, Iran has sent a supertanker, called Happiness I, en route to Asia, carrying 2 million barrels of oil that is off-the-radar literally, in order to obfuscate that it is transporting Iranian oil to another country. When ships are off-radar, they turn off their transponders and are […]

US and China continue joint investigation into fentanyl trafficking

Tweet This week, US and Chinese law enforcement announced the continuation of a joint investigation into fentanyl production and trafficking with a view to tackle the problem through money laundering investigations to identify TCOs involved. As part of the announcement, China said that on September 1, 2018, it banned two fentanyl variants. In February 2017, […]

US indicts two Chinese foreign nationals for operating criminal enterprise, international money laundering and selling fentanyl

Tweet The US Attorney General, Jeff Sessions, announced the unsealing of a 43-count indictment against two foreign nationals from China for allegedly manufacturing, advertising, selling and shipping fentanyl, carfentanil and other deadly drugs to several countries including the US and Canada, which resulted in the deaths of American citizens. They are also charged with operating […]

清华大学计划将区块链技术应用于文物保护

Tweet By Tongtong Xu 作为中国最高学府之一的清华大学日前递交了一项关于将区块链技术应用于文物保护的专利申请。 根据在4月递交，今天得到披露的专利，三位教员一同研发了一个区块链技术的系统概念，目的是储存并分享有重要意义的文物的数字版本。作为发明者的谭嘉嘉（音译）和陆小步（音译）向大家解释了这个系统的两个重要组成部分。 第一部分包括一个可以对重要文物进行扫描的3D计算模型，目的是在扫描之后能为储存提供一个数字范围的表格。在第二步中，该系统将每一项物品的数据通过一个叫做“Hashing”的加密过程自动储存在私有区块链上。 尽管专利申请并没有直接解释关于他们会如何开发该私有区块链的各方细节，发明者表明说初阶段的探索已在去年四月腾讯发布的区块链平台上进行测试。 See the full patent application below: https://www.scribd.com/document/383768782/Tsinghua-University-Patent#from_embed?campaign=SkimbitLtd&ad_group=100652X1574425X38331168130bda0dedb41cbaf98a34f5&keyword=660149026&source=hp_affiliate&medium=affiliate

Today’s Blockchain News from Asia

Tweet 업비트 압수수색: 가상화폐 거래소의 운영시스템 ê³¼ 정부의 모호한 태도 By Eunji Lee 지난 5ì›” 10일 서울남부지검 금융조사2부는 업계 1위로 알려진 업비트를 거래소 운영상의 불법 등 혐의로 압수수색을 실시해 업계에 관련된 많은 이들에게 혼란을 주었다. 검찰은 이틀동안 수사관을 ë³´ë‚´ 업비트의 컴퓨터 하드디스크와 회계 장부 등을 확보했다. 검찰수색의 이유는 업비트가 실제로 ê°–ê³  있지 않은 가상화폐를 가진 […]