Tag: Crime

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Criminal Activity in Crypto: The Fact, the Fiction and the Context

An estimated 0.2% of all XRP transactions are used for illicit activity. How true is this figure and how does it impact the industry? It’s the clichéd rhetoric of choice for anyone seeking to discredit crypto. An ace in the hole for any argument against its proliferation. The go-to thesis for those who know very…
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Iran Offers Bounty for Illicit Cryptocurrency Mining Operations

Iranian authorities are offering a bounty to anyone who exposes unauthorized mining operations in the country. Iranian authorities are offering a bounty to anyone who exposes unauthorized mining operations in the country, Iranian news outlet PressTV reports on Nov. 13. A spokesman of the Energy Ministry announced the bounty program during an interview with local…
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Head of Crypto Capital Arrested in Connection With Money Laundering

Polish authorities arrest the president of controversial Panama-based payments processor Crypto Capital tied to Bitfinex and other cryptocurrency exchanges. Ivan Manuel Molina Lee, the president of controversial Panama-based payments processor Crypto Capital tied to Bitfinex and other major cryptocurrency exchanges, was arrested by Polish authorities. According to local news outlet wPolityce’s report published on Oct.…
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Former US Army Interpreter Gets 30 Years for Dark Web Fentanyl Trade

Former Iraqi interpreter for the U.S. military sentenced to 30 years in jail for selling fentanyl on the dark web, taking payment in crypto. A former interpreter for the United States military forces was sentenced to 30 years in jail for dealing fentanyl, which led to the death of a U.S. Marine. Drugs paid for…
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