Britain's youngest billionaire and Bitcoin exchange co ...
Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
New Zealand seizes $90 million in assets of Russian cybercrime suspect: "The police said it seized the assets because they were being held in a New Zealand company owned by Alexander Vinnik, who is accused of masterminding a bitcoin laundering ring..."
New Zealand has seized $90m worth of assets belonging to Russian, Alexander Vinnik, wanted in France and the United States. Vinnik allegedly controlled a Bitcoin laundering ring that handled billions of dollars via a digital currency exchange, BTC-e.
NZ Authorities Seize $90M From Alleged Bitcoin Launderer Alexander Vinnik
New Zealand police have recovered $90 million connected to the case against suspected Bitcoin money launderer Alexander Vinnik. According to Jared Savage at the New Zealand Herald, the police Asset Recovery Unit have frozen roughly 140 million NZD ($90 million) controlled by a company in connection to the investigation of Vinnik. Police Commissioner Andrew Coster […]
BitMEX executives including CEO Arthur Hayes and CFO Samuel Reed are accused by prosecutors and the CFTC of money laundering. Notably, the genesis block of Bitcoin contained a footnote addressing the bailouts of banks in 2008 and 2009 [“The Times 3 January 2009 - Chancellor on brink of second bailout for banks.”] Despite the dozens of benefits that Bitcoins and the Blockchain Technology have to offer compared to the traditional banking system, there is a risk that Bitcoins can be used for money laundering. This is because Bitcoins are not linked to a person’s identity and only depend on the private key connected to the Bitcoin account. The chief executive of bitcoin and cryptocurrency exchange BitMEX, Arthur Hayes, was accused of ...[+] violating anti-money laundering rules by the U.S. Department of Justice and the Commodity ... “Bitcoin is mainly used for money laundering” In 2018, the Bitcoin network settled over $400 Billion in value. That is 160 times larger than the total amount of Bitcoin laundered to date and shows that money laundering constitutes a negligible fraction of the Bitcoin economy. “Bitcoin laundering cannot be prevented”
BITCOINs Deadly Use Case Revealed! China, Cartels & Drug Money Laundering!
**On today's episode of The Cryptoverse:** We’ll check in on the progress to Segwit lock in. And the MtGox case has been cracked wide open thanks to new repo... If asked right now, can you explain what money laundering is? More importantly, did you know that money laundering is the reason for pizza in USA? In this vi... $4 Billion 💰 Bitcoin Money Laundering Operation Revealed Involving Alexander Vinnik and BTC-E - Duration: 12:41. The Cryptoverse 12,440 views. 12:41. Jim Rogers ... A case in where a man was sentenced to 1 year and 1 day in prison for money laundering has lost quite the amount. In 2015 feds seized $118,000 in bitcoins and cash (they didn't specify the amount ... Laundering money for the Mexican drug cartels, through Chinese underground banking systems! Chainalysis exposed how Huobi & Binance are accepting most illegal funds & now we expose further on who ...