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SafeMoon CEO Gets Bail, But His Legal Team Wants to Opt Out


CEO of bankrupt crypto project SafeMoon Braden John Karony is released on bail, but his legal team no longer wants to represent him. In Nov. 2023, Karony and SafeMoon CTO Thomas Smith were arrested on charges of securities fraud, money laundering, and conspiracy to commit wire fraud. However,...

Wirex CEO Says Money Mules Are a Massive Issue in FinTech and Crypto


In an insightful interview with Cryptonews, Pavel Matveev, CEO and co-founder of popular global digital payment platform Wirex, discussed what money mules are and how big of a problem they pose in the crypto and FinTech industries. The short answer is: big. He further told us how these fraudsters...

Hong Kong Seeks Input on OTC Crypto Trading Rules


Hong Kong on Thursday announced a consultation on regulating over-the-counter (OTC) crypto trading. The Financial Services and the Treasury Bureau consultation seeks to establish a conceptual framework for licensing virtual asset OTC services. Under the regime, operators would be mandated to obtain...

Illicit Virtual Asset Use On The Rise, U.S. Treasury Report Reveals


The U.S. Treasury Department is seeing an increase in illicit crypto use according to a Thursday report. The department’s 2024 National Risk Assessments on Money Laundering, Terrorist Financing, and Proliferation Financing report highlights that virtual assets are increasingly used by illicit...

India’s WazirX, Zebpay CEOs Collaborate to Debut New Crypto Venture


Indian crypto veterans Nischal Shetty and Avinash Shekhar have launched their new crypto-INR perpetual futures exchange dubbed ‘Pi42.’ WazirX founder Shetty and erstwhile CEO of Zebpay Shakhar said that the new venture would be one of the most legally compliant exchanges in India. The exchange...

Veteran Investor Jim Rogers Skeptical About Bitcoin as Future Currency


Legendary investor Jim Rogers believes that governments are unlikely to authorize Bitcoin, or other major cryptocurrencies, as official fiat money. “I don’t see cryptocurrencies becoming money because governments do not want that competition,” he said in a recent interview with Kitco News....

Spanish Treasury Proposes Tax Reform to Allow Cryptocurrency Seizures


The Spanish Treasury is proposing a tax reform to allow the seizure of cryptocurrency assets when liquidating tax debts. According to local sources, the proposal would also allow the state administration to embargo these digital assets as it is giving the first steps by declaring electronic money...

20+ Best VPN-Friendly Casinos for 2024


Virtual Private Network or VPN-friendly casinos are a very popular choice for many gamblers. VPNs solve a lot of the problems gamblers face when it comes to online gambling, from geo-locks when traveling abroad to privacy concerns. But how can you be sure that the VPN casino you chose is worth your...

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