In its first guidance on NFTs, J5 listed phishing scams, fake token giveaways, and wash trading as some of the ‘strong’ red flags that users should watch out for.
The draft bill, which received a green light from a Senate committee in February, is now headed to the Chamber of Deputies and, if approved, to the country’s president.
AUSTRAC said that the digital assets use in criminal activities is increasing revealing that in 2020-21, 500 ransomware attacks were reported, marking a 15% increase from the previous fiscal year.
Reginald Fowler has told the court that he intends to plead guilty to charges of fraud, money laundering and running an unlicensed money transmitting business.
The source of funds is basically the question of who you are, where your funds come from, and why you have them—it is identity but focused on wealth.
The two 20-year-old men, who were arrested in California, allegedly sold 8888 NFTs in early January before abandoning the project and vanishing with the ETH from investors.
The control of the Bitcoin network is distributed between the developers of the network creating the code and the enforcement through the nodes.
The U.K. regulator has said that none of the operating digital asset ATM operators are registered to offer such services and must shut down immediately or face regulatory action.
A Michigan court has sentenced the three leaders of the so-called Geek Group to prison time and $200,000 in BTC and USD in connection with their money laundering BTC business.
U.S. AG Merrick B. Garland is targeting "individuals and entities" seeking to evade economic sanctions on Russian businesses with the recent "Task Force KleptoCapture" announcement.
The U.K. parliament is pushing for the passing of a new economic bill that will give the government greater power to seize digital currencies to curb money laundering.