V Global scam: South Korean prosecutors call for life sentence in $1.9B case
The prosecutors believe that the life sentence is appropriate given the severity of the act, which they say destroyed families of the 52,000 V Global victims.
The prosecutors believe that the life sentence is appropriate given the severity of the act, which they say destroyed families of the 52,000 V Global victims.
Reddit’s Alexis Ohanian expects that the play-for-fun games will be pushed out in about five years’ time, as a new breed of games allowing users to make money take over.
Job postings related to Bitcoin, blockchain, and other related roles saw the highest surge in 2021 as over $30 billion flowed into the sector, according to LinkedIn.
Prime Minister Andrew Holness believes that the CBDC, expected to debut in Q1 2022, will reduce banking costs and boost financial inclusion in the Caribbean country.
Police from Chizhou arrested the eight people from different provinces in China, seizing about $950,000 in digital assets, cars, villas, and assets allegedly paid for by the proceeds from the rug pull.
Bitfinex didn’t reveal the reason for the sudden departure, but it advised Ontario users to withdraw their assets by March 1 before their accounts are closed permanently.
The hackers launched at least seven attacks targeting exchanges and investment firms and laundered the money through an intricate web of DEXes and mixers.
The Swiss bank partnered with the BIS, SIX stock exchange and five commercial banks, including UBS, Citi, and Credit Suisse, to test the wholesale CBDC.
Nikkei reports that DeCurret has been unable to compete with major players like bitFlyer and that the holding company will now focus on digital assets.
Walmart filed the patent applications on December 30, exploring the development and sale of virtual goods, along with potentially offering its own virtual currency, as well as diving into NFTs.
Authorities have launched a probe into the two Cajee brothers, the founders of Africrypt who allegedly vanished with billions after a Dubai firm started paying some of the victims.
The State Bank of Pakistan is concerned about the use of digital currencies in crime, with a recent Binance-linked $100 million scam being cited as an example.