Category: Crimes

Exchanges outdo auctions for governments cashing in criminal crypto, says exec

Exchanges outdo auctions for governments cashing in criminal crypto, says exec

Earlier this week, Lithuania’s tax service, the Lithuanian State Tax Inspectorate, added $7.6 million dollars to the state budget through the sale of cryptocurrencies seized in criminal investigations.  The occasion marked the first time that the Lithuanian government liquidated confiscated cryptocurrencies. In doing so, the country joined the growing number of jurisdictions worldwide that have […]

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The long arm of justice: How far can the DoJ really go in prosecuting foreign actors?

The long arm of justice: How far can the DoJ really go in prosecuting foreign actors?

In early October, the U.S. Department of Justice revealed its Cryptocurrency Enforcement Framework, a report laying bare the government’s vision for emerging threats and enforcement strategies in the cryptocurrency space. The document is an important source of insight into how the laws governing digital finance will be soon implemented on the ground. One of the […]

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UN drugs and crime wing advises Kenya to use blockchain against corruption

UN drugs and crime wing advises Kenya to use blockchain against corruption

Blockchain can reportedly return billions of dollars back to Kenya’s budget. 3616 Total views 43 Total shares Blockchain technology can help countries like Kenya from losing billions of dollars to corruption, according to an official at the United Nations’ drugs and crime agency. David Robinson, the regional anti-corruption advisor at the UN’s Office on Drugs […]

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Latvian regulators warn public about cryptocurrency fraud

Latvian regulators warn public about cryptocurrency fraud

Crypto remains underregulated, so Latvian investors need to be extra vigilant, says the FCMC. 1727 Total views 31 Total shares Latvia’s Financial and Capital Market Commission has identified suspect transactions and attempted fraud in the domestic cryptocurrency space. In an official warning published on Monday, the FCMC urged investors to “be particularly vigilant, as cryptocurrencies operate in […]

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