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Canadian Regulator Proposes Rules for Crypto-Centric Public Investment Funds
19.1.2024
Source: Pixabay The Canadian Securities Administration (CSA), the country’s securities watchdog, has proposed new regulatory requirements for public investment funds that looks to invest in crypto assets. In a report released Thursday, the regulator announced certain rules that would restrict...
South Korean Court Jails Civil Servant Who Stole Public Funds to Buy Crypto
29.5.2023
A South Korean court has handed a suspended jail term to a civil servant who stole thousands of USD worth of public funds to pay for crypto investments.
Per Yonhap, the public official was handed a one-year suspended prison sentence, as well as two years of probation.
The official was not named...
Salvadoran Group Files Lawsuits Against President Nayib Bukele on Lack of Transparency in Bitcoin Purchases
28.11.2022
Cristosal, a Salvadoran nonprofit human rights organization, has filed three lawsuits related to President Nayib Bukele’s management of public funds to purchase bitcoin. The processes are being run before several national and international bodies, and call for the government to offer...
S Korean Gov’t Worker ‘Embezzled Public Funds and Escaped with $2.8m in Crypto’
27.10.2022
A missing South Korean government worker is thought to be on the run with $2.8 million worth of public funds stolen from the country’s National Health Insurance Service (NHIS) – and the suspect appears to have converted most or all of the money to crypto....
Read More: S Korean Gov’t Worker...
Grassroots Sports Body Accountancy Chief Says She Stole Public Funds to Pay for Bitcoin
22.7.2022
A South Korean local government official in charge of managing public funds for grassroots sports has admitted to embezzling over USD 367,000 worth of tax payers’ money – which she says she and her husband spent on crypto investments and internet gambling.
KBC reported that the police are...
US Public Pension Fund for Firefighters Adds Bitcoin and Ether Worth $25 Million to Portfolio
22.10.2021
The $5.5 billion pension fund for the U.S. city of Houston’s firefighters has announced an investment in bitcoin and ether. “This investment marks the first announced investment in digital assets by a public pension plan in the U.S.” ‘A Watershed Moment for Bitcoin...
El Salavdor Bitcoin App Is a Private Firm Funded by Public Funds, Say Media
9.9.2021
administration – such as El Diario de Hoy
Former Florida Tax Collector Used Public Funds for Blockchain Company
17.8.2020
A different kind of scam
Opal Group’s Public Funds Summit 2020 will be held on January 6–8, 2020
15.11.2019
January 6, 2020 (Scottsdale, AZ)—Opal Group, a global conference organizer that caters to top executives and influencers, will host a three day exclusive event designed for delegates, money managers, and consultants, who will discuss how investment managers can aid public pension plans to ensure...