Argentine President Javier Milei Pushes to Criminalize Money Issuance by Central Bank

by Александр Пирогов | Feb 27, 2024 | Blog News

Javier Milei, the libertarian president of Argentina, is spearheading efforts to curb the issuance of Argentine pesos by the country’s central bank. Milei intends to introduce a bill to Congress that would penalize money issuance with jail time, aiming to...

Rise in Over the Counter Crypto Crime Prompts Arrests in South Korea

by Александр Пирогов | Feb 27, 2024 | Blog News

Authorities in South Korea have apprehended individuals allegedly involved in an over-the-counter (OTC) crypto scam, shedding light on a concerning trend of illicit activities within the cryptocurrency sphere. According to reports, a multinational gang orchestrated a...

Huobi Withdraws Crypto Exchange License Application in Hong Kong

by Александр Пирогов | Feb 27, 2024 | Blog News

The Hong Kong Securities and Futures Commission (SFC) has been consistently advising investors to exercise due diligence when dealing with cryptocurrency platforms, a message reiterated on its website. Recently, Huobi HK, a prominent crypto exchange, withdrew its...

Appellate Court Upholds Fraud Conviction of My Big Coin Founder Randall Crater

by Александр Пирогов | Feb 27, 2024 | Blog News

In a recent ruling by the United States Court of Appeals for the First Circuit, the fraud conviction of Randall Crater, the founder of cryptocurrency project My Big Coin, has been upheld. Crater was sentenced to over eight years in prison following a jury’s...

FSB Urges Global Vigilance Amid Financial Uncertainty and Crypto Oversight

by Александр Пирогов | Feb 27, 2024 | Blog News

Klaas Knot, Chair of the Financial Stability Board (FSB), recently addressed G20 finance ministers and central bankers, highlighting the persistent global financial instability and emphasizing the need for vigilance, particularly in the context of evolving digital...

Australian Crypto Exchange Seeks Recovery of $328,000 After Accidental Deposit

by Александр Пирогов | Feb 26, 2024 | Blog News

An Australian crypto exchange, OTCPro, owned by Rhino Trading, finds itself embroiled in a legal battle to recover approximately $328,000 mistakenly deposited into a user’s account. The error occurred when $653,000 was credited to the user’s account in...