Romanian programmer pleads guilty in $722M BitClub Ponzi scam
A Romanian programmer arrested in Germany has entered a guilty plea for his role in the BitClub Network Ponzi scheme which defrauded $722m from investors.
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Romanian cryptojackers sentenced to 20 years in prison
Two developers of cryptojacking malware from Romania have been sentenced to two decades in prison each. They infected over 400,000 computers and over $4M.
Romanian central bank official says crypto ‘will not replace fiat’
Daniel Daianu of the Administration Council of the Romanian National Bank, said the role of central banks meant it would be impossible for digital currency issues to replace the function of fiat.
Romania now taxing crypto gains at 10%
As of January 20, Romanians have to pay a 10% income tax on fiat profits made from selling cryptocurrencies.
Coinflux services frozen on heels of CEO’s arrest
Vlad Nistor, the CEO of Coinflux, was arrested by local law enforcement, and Coinflux has frozen all services.