Tag: smuggling

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US Charges Russians, Venezuelans for Sanctions Evasion Using Cryptocurrency

October 21, 2022

A group of Russian and Venezuelan nationals have been charged by U.S. authorities for their roles in a scheme to circumvent Western sanctions and launder money on a global scale. They have been accused of obtaining military technologies from American companies, smuggling oil, and disguising money flows for Russian oligarchs through shell companies and crypto…
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Bitcoin’s Mathematical Monetary Policy Is Far More Predictable Than Gold and Fiat Currencies

August 13, 2022

This past April, records show that 19 million bitcoins have been mined into existence and 133 days later, there are 1.88 million bitcoins left to mint today. The network’s block subsidy halving is expected to occur on or around April 20, 2024, as there are less than 91,000 bitcoins left to mine until that point.…
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