Bolivia’s Ministry of Trade and Imports has rejected a state-backed plan to use cryptocurrency for fuel imports. This move, which marks a …
scheme
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Regulation
Taiwan authorities sue Steaker platform for unauthorized crypto investment scheme
by shayaanby shayaanTaiwan authorities have initiated legal actions against Steaker for running an unauthorized crypto investment scheme. According to reports, authorities charged the founder, …
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Markets
Ukraine Considers Up to 23% Personal Income Tax on Crypto in Newly Proposed Tax Scheme
by shayaanby shayaanUkraine’s top financial regulator is floating the idea of taxing cryptocurrency as personal income, with possible carveouts for certain foreign asset-backed stablecoins, …
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Regulation
South Korean court jails three crypto scammers for $416K fraud scheme
by shayaanby shayaanThree people pulled a prison sentence from a South Korean court for orchestrating an investment scheme that defrauded victims of around 610 …
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Markets
South Korean Trio Jailed for Crypto Ponzi Scheme Promising 30% Monthly Returns
by shayaanby shayaanA South Korean court has sentenced three members of a crypto scam ring to prison for deceiving investors out of 610 million …
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Once celebrated as Australia’s “crown prince of Bitcoin,” Sam Lee is now in a legal scoop with both the SEC and the …
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Smart Contracts
When AI Models Are Pressured to ‘Behave’ They Scheme in Private, Just like Us: OpenAI
by shayaanby shayaanWhen researchers try to prevent AI systems from ‘thinking bad thoughts’, the systems do not really improve their behavior. Instead, they learn …
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Regulation
DOJ extradites Brazilian to the United States over $290M crypto fraud scheme
by shayaanby shayaanThe United States Department of Justice (DOJ) has extradited a Brazilian national to the United States of America from Switzerland over a …
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Regulation
Russia Sent $5,000,000,000 Through JPMorgan Chase and Citigroup in Alleged Scheme To Evade Sanctions: Report
by shayaanby shayaanRussia reportedly sent a whopping $5 billion through banking giants JPMorgan Chase and Citigroup in a scheme to skirt US sanctions. According …
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Finance
Klarna Bank CEO says bank is exploring crypto after calling it ‘decentralized Ponzi scheme’
by shayaanby shayaanKlarna Bank, a Swedish fintech company known for its Buy Now, Pay Later service plans to embrace cryptocurrency after previously criticizing it. …