Crypto Currency

Man at Center of Cryptocurrency Scam That Stole $16M Gets 15 Years in Prison

A Swedish man who stole over $16 million in cryptocurrency as part of a bogus investment scam was sentenced to 15 years in federal prison on Thursday.

Roger Nils-Jonas Karlsson, 47, convinced at least 3,575 people to invest in a fraudulent scheme called “Eastern Metals Securities” and send him funds in the form of Bitcoin and other cryptocurrencies that he then used for his personal enrichment, according to the Department of Justice (DOJ). He pleaded guilty to charges of money laundering, securities fraud and wire fraud on March 3.

“The investigation into Roger Karlsson’s fraud uncovered a frighteningly callous scheme

Read More

Israel says it is targeting Hamas’s cryptocurrency accounts | Crypto News

Israel says it ‘uncovered a web of electronic wallets’ used by Hamas to raise funds using Bitcoin and other cryptocurrencies.

Israel has said it will begin seizing cryptocurrency accounts used by the Palestinian Hamas group to raise money for its armed wing.

Israeli Defence Minister Benny Gantz ordered security forces on Thursday to seize the accounts after a joint operation, the ministry said, “uncovered a web of electronic wallets” used by Hamas to raise funds using Bitcoin and other cryptocurrencies.

It added that Hamas has been waging an online campaign to raise donations for its military wing, efforts that accelerated

Read More

Bitcoin mining company Whinstone finds a welcome in Rockdale, Texas

How much the crypto explosion has helped Rockdale’s economy is open to debate. For 50 years, Rockdale, with a population of about 5,600, was a company town, with hundreds of jobs at Alcoa’s nearby coal mine and aluminum smelter. Its economic success even earned it the nickname “The Town Where It Rains Money” in a 1952 article by the Saturday Evening Post. But in 2008, Alcoa closed the mine and smelter, eliminating 1,200 jobs, and in 2018 the firm’s power plant was shut down, adding to those job losses.

Read More

Top 10 Cryptocurrency Trends in 2021 Everyone Should Know

by Priya Dialani

June 25, 2021

A list of top 10 cryptocurrency trends shaping the future of finance.

2020 was a remarkable year for cryptocurrency as COVID-19 accelerated the digital transformation. No doubt, 2021 is also witnessing major breakthroughs and achievements as cryptocurrency trends are shaping the future of finance. We are halfway through 2021, but new developments in the crypto world are emerging each day. In the next six months, we can expect more crypto adoption and top cryptocurrency trends ruling the crypto space.

If you are a crypto enthusiast, you should know the top crypto trends for better

Read More

U.K. Police Seize $160 Million In Cryptocurrency In Money Laundering Investigation


British detectives seized around £114 million (around $158 million) worth of cryptocurrency as part of an ongoing money laundering investigation, the U.K.’s Metropolitan Police force announced Thursday, marking the largest ever seizure of crypto assets in the U.K. and one of the largest in the world. 

Key Facts

The force, which did not reveal what cryptocurrencies had been confiscated, said the seizure was carried out by detectives in its Economic Crime Command “on the back of intelligence received about the transfer of

Read More

bitcoin price today: Top Cryptocurrency Prices Today: Bitcoin, Binance Coin up; Dogecoin surges 25%

New Delhi: Major cryptocurrencies were trading higher on Friday. Eight out of the top 10 digital tokens were trading with solid gains at 9.30 hours IST, led by Dogecoin which gained as much as 25 per cent.

The heads of some of the world’s biggest cryptocurrency exchanges say Bitcoin miners are shifting operations out of China as authorities intensify their crackdown on the space.

China’s moves had injected uncertainty into the cryptocurrency market and helped pull Bitcoin down to the lower end of its recent trading range, with the coin briefly falling below $30,000 this week after having reached nearly

Read More

Business News | Stock and Share Market News © All rights reserved. | Magazine 7 by AF themes.