Search
Indictment Unsealed in Puerto Rico Charging Two Men in $650 Million Omegapro Investment Fraud
9.7.2025
An indictment was unsealed on Tuesday in the District of Puerto Rico, charging Michael Shannon Sims, 48, and Juan Carlos Reynoso, 57, for their alleged roles in operating and promoting Omegapro, an international investment scheme that defrauded investors of over $650 million, primarily...
US lawmaker targets crypto investors using Puerto Rico as a tax haven
22.4.2025
A member of the House of Representatives has proposed legislation aimed at stopping investors from using the US territory of Puerto Rico as a crypto tax haven.According to an April 21 Bloomberg report, New York Representative Nydia Velázquez introduced the Fair Taxation of Digital Assets...
Puerto Rico Court Fines Man $10K Daily for Refusing to Surrender 119 Bitcoin
11.3.2025
A federal court in Puerto Rico has held Juan Carlos Reynoso in contempt for refusing to surrender 119.65 BTC worth approximately $9.7 million, imposing a $10,000 daily fine until he complies with a seizure order. Defendant Faces Mounting Fines After Transferring Seized Bitcoin to Other Wallets...
Lightning Wallet Osmo Brings Financial Services to Puerto Rico
26.9.2024
Piero Coen, co-founder and CEO of Osmo, a Latam-focused bitcoin and lightning network wallet, has announced that they are now bringing their full suite of financial services for customers in Costa Rica. Costa Ricans can top up their wallet using Sinpemovil, a quick cellphone-linked fiat payment...
Robinhood is now available In Hawaii and select U.S. territories
2.7.2024
The brokerage platform took advantage of Hawaii's recent change to money transmitter licensing to expand to the non-contiguous United States
Peter Schiff Says Global Tax Chiefs’ Only Enforcement Success Is Its ‘Failed’ Action Against His Bank
8.12.2023
Economist Peter Schiff says the only enforcement success of the Joint Chiefs of Global Tax Enforcement (J5) is its “failed” action against his bank, allegedly aimed to “put a stop to the suspected facilitation of offshore tax evasion.” Schiff stressed: “Other than...
Spider-Man 2 Error Goes Viral, Developer Promises Fix
23.10.2023
Spider-Man 2 developer Insomniac Games is promising a fix for a bit of an embarrassing slip-up in an upcoming patch. In what was likely an attempt to represent co-protagonist Miles Morales’ Puerto Rican heritage, the Cuban flag was displayed in the character’s apartment instead. Read more
IRS probes crypto traders using Puerto Rico tax breaks: Report
13.7.2023
“The noose is tightening” for wealthy Americans suspected of exploiting Puerto Rico’s relaxed tax regime
Colonial Slavery Board Game's Relaunch Is Hoping Third Time's The Charm
19.6.2023
The board game Puerto Rico was released in 2002, and while it by all accounts played very well, it was also a deeply colonial game that made light of the fact you were being asked to build a commercial empire large part on the back of slavery.Read more
Puerto Rico Extends 4% Tax Incentive to Crypto and Blockchain Activities
1.3.2023
“A win for Puerto Rico,” said a blockchain trade association executive
Puerto Rico Defines Act 60 Tax Exemptions for Blockchain Companies
1.3.2023
The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines the rules that blockchain projects must follow to receive tax benefits that the state offers companies. The action seeks to create an “atmosphere of certainty and stability”...
US Authorities Charge Mango Markets Attacker — Defendant Arrested, Detained in Puerto Rico
23.1.2023
The U.S. Securities and Exchange Commission (SEC), the Commodities Futures Trading Commission (CFTC), and the Department of Justice (DOJ) have charged an alleged attacker who stole $116 million from crypto trading platform Mango Markets. The defendant has been arrested and is currently detained...
Eisenberg, the Mango Market Exploiter, gets arrested in Puerto Rico
28.12.2022
In a bug development to the case of Mango Market exploitation, Avraham Eisenberg has been arrested by the Justice Department in Puerto Rico. Also known as the Mango Market Exploiter, Eisenberg is charged with committing fraud and manipulating the Mango Market by manually inflating the prices...
Mango Markets Exploiter Eisenberg Arrested in Puerto Rico
28.12.2022
Avraham Eisenberg, the crypto investor whose “highly profitable trading strategy” drained DeFi trading platform Mango Markets of crypto worth $110 million, was arrested Monday in Puerto Rico, court documents said
Puerto Rico Blockchain Week: Blockchain Investor Network BitAngels announces ‘Best in Show’ of companies innovating Web3 and Blockchain
13.12.2022
BitAngels, the world’s premier investor network for the blockchain industry, today announced ShredSpots, Waterfall Protocol, and Big Watt Digital as the winners of its BitAngels Startup Pitch Contest at CoinAgenda, the leading global conference series connecting blockchain and cryptocurrency...
Early MakerDAO Developer and Stablecoin Pioneer Found Dead in Puerto Rico
1.11.2022
Nikolai Mushegian was dragged by water currents Friday morning on a beach in Condado, El Nuevo Dia reported, citing local police
MakerDAO co-founder Nikolai Mushegian dies at 29 in Puerto Rico
1.11.2022
Mushegian was an important figure in the crypto community, contributing to multiple projects, including MakerDAO, BitShares and Balancer
Peter Schiff to Liquidate Euro Pacific Bank in Settlement With Puerto Rican Regulator
14.8.2022
Gold bug Peter Schiff has settled with Puerto Rico’s financial regulator and agreed to liquidate his Euro Pacific Bank. Schiff stressed that he is not admitting to any legal wrongdoing. Peter Schiff Liquidating Euro Pacific Bank Gold bug and notorious bitcoin skeptic Peter Schiff has settled...
Buy a Dream House With Bitcoin In the Idyllic Caribbean Valley of Puerto Rico
10.8.2022
At one point in every crypto enthusiast’s life he or she has envisioned buying their dream mansion, with Bitcoin. What was once a fantasy is now a reality with the listing of this exquisite, ultra modern, 2-story, 5-bedroom mansion in the heart of the Caribbean. A life of Paradise in...
Hacker Selling 1 Billion Chinese Citizens’ Data for 10 BTC, Zuckerberg’s Meta Ends Novi Project, and More — Bitcoin.com News Week in Review
10.7.2022
In this week’s bite-sized digest of the hottest stories from Bitcoin.com News, a hacker claims to have stolen a massive amount of Chinese citizens’ personal data from Shanghai police, and now wants to sell it for ten bitcoins. Also, Mark Zuckerberg’s Meta has ditched the Novi...