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An In-Depth Look at the Couple Accused of Laundering 94,636 Bitcoin From the 2016 Bitfinex Hack
10.2.2022
On Tuesday, the U.S. Department of Justice (DOJ) arrested two individuals that are accused of an “alleged conspiracy to launder” 94,636 bitcoins stolen from Bitfinex in 2016. Interestingly, both of the suspects are known individuals within the tech industry as Ilya Lichtenstein...
Bitfinex-backed LEO soars to record high on supply crunch expectations
9.2.2022
The token surged almost 70% in a day after the U.S. Department of Justice announced that it had recovered most of the stolen funds from the 2016 Bitfinex hack
US Seizes 94,636 Bitcoin From 2016 Bitfinex Hack in ‘Largest Crypto Seizure to Date’ — 2 People Arrested
8.2.2022
The U.S. Department of Justice (DOJ) has announced the seizure of 94,636 bitcoins directly linked to the 2016 hack of the cryptocurrency exchange Bitfinex. This is the DOJ’s “largest cryptocurrency seizure to date.” In addition, two people have been arrested in connection with...
DoJ seizes $3.6B in crypto and arrests two in connection with 2016 Bitfinex hack
8.2.2022
"The department once again showed how it can and will follow the money," said Deputy Attorney General Lisa Monaco
US Treasury Warns NFTs May Present New Illicit Finance Risks
6.2.2022
The U.S. treasury department has warned that non-fungible tokens (NFTs) may present new illicit finance risks. According to industry estimates, the NFT market could reach $35 billion in 2022 and more than $80 billion by 2025. NFTs May Present Illicit Finance Risks The U.S. Department of...
Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax
3.2.2022
Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding tax. “The revenue department did a lot of homework and reached out to crypto operators as well to get feedback … It is much more friendly to both investors and the industry,” said...
Crypto tax doesn't legalize trading, says Indian tax department chief
2.2.2022
The Indian tax department head said crypto taxation will help the department evaluate the exact depth of the digital asset market
Cryptsy CEO Indicted for Defrauding Crypto Investors, Destroying Evidence
28.1.2022
The CEO of cryptocurrency exchange Cryptsy has been indicted in the U.S. The 17-count indictment charges the crypto exchange executive with “tax evasion, wire fraud, money laundering, computer fraud, tampering with records, documents, and other objects, and destruction of records in...
US Sentences Bitcoin Seller to 1 Year in Jail for Defrauding Investors
27.1.2022
A bitcoin seller has been sentenced to one year and one day in jail for defrauding customers, according to a notice by the U.S. Department of Justice (DOJ). The man took money from customers but did not provide them with the agreed-upon bitcoin. Fraudulent Bitcoin Seller Going to Jail The U.S....
Call Of Duty Maker Reveals Plan To Squash Union Effort
26.1.2022
Quality assurance testers at Call of Duty: Warzone studio Raven Software gave management until today, January 25, to voluntarily recognize their newly formed union, Game Workers Alliance. Instead, embattled publisher Activision Blizzard announced tonight it would be forcing a vote with the National...
Reuters: Binance was withholding information from regulators, repeatedly shunned own compliance department
21.1.2022
According to the investigation, the world's largest crypto exchange pursued growth while dodging regulatory scrutiny
Blizzard Outlines Plans To Improve After 'Challenging' 2021
21.1.2022
Blizzard’s 2021 was a year marked by lowlights, with the company beset by allegations of a toxic workplace and rocked by the departures (and firings) of several key personnel. Now, with a new year and likely new ownership as well, president Mike Ybarra has outlined Blizzard’s plan to “rebuild your...
Report: Bobby Kotick Meeting Leaves Activision Blizzard Staffers Unimpressed, Worried
20.1.2022
This morning, Bobby Kotick held an all-hands meeting with Activision Blizzard employees to address Microsoft’s acquisition of the company for $68.7 billion dollars. He stated that Microsoft would be trying to “retain as many of our people as possible,” and that he planned to stay on as the CEO...
Official FAQ For The Microsoft x Activision Blizzard Deal Tries And Fails To Answer Some Questions
20.1.2022
As part of Microsoft’s proposed $70 billion purchase, an official FAQ of sorts has been sent to all Activision Blizzard employees. Sadly not many questions are actually answered, with responses looking more like huge black holes in the shape of things that could be answers. One day. Maybe.Read more
The Real Reasons Activision Blizzard Was Sold, Without Bobby Kotick's PR Spin
19.1.2022
As you probably already heard, Microsoft is looking to purchase Activision Blizzard for a whopping $68.7 billion. But why Activision CEO Bobby Kotick suddenly decided to give up control of the company and where that leaves the beleaguered executive after the ink dries changes depending on who...
Microsoft Is Bringing Activision Blizzard Games To Game Pass
18.1.2022
Alongside news that Microsoft is preparing to acquire Activision Blizzard for $70 billion, the Xbox console maker has confirmed that games from the recently troubled Call of Duty and Warcraft publisher will make their way to Xbox Game Pass.Read more
Report: Walmart Trademark Filings Hint at Retailer’s Intent to Produce Metaverse and NFT Concepts
17.1.2022
According to a recent report, the American multinational retail corporation that operates a chain of department stores, Walmart Inc., is seemingly prepping to enter the industry of non-fungible token (NFT) technology and metaverse concepts. Walmart USPTO Trademark Filings Are Littered With...
Report: Bobby Kotick Is Still Trying To Hide The Scale Of Activision's Problems
17.1.2022
The Wall Street Journal is reporting that not only has Activision Blizzard fired dozens of staff in the last few months, but that CEO Bobby Kotick has been hiding that information from the public. Because it might look bad...Read more
US Inflation Rate Jumps Highest in 40 Years to 7%, Democrats Concerned Inflation Will Haunt the Party
13.1.2022
One of the hottest topics in the United States in 2022 is the rising inflation, as the U.S. Labor Department’s data published on Wednesday indicated that the consumer price index (CPI) rose to 7% in December. This represents the largest annual jump since 1982. Federal Reserve governor Lael...
Thailand government to clear up crypto tax confusion
11.1.2022
The Thai revenue department will expedite tax criteria as traders and businesses seek further clarity