21-Year-Old Arrested for Multimillion-Dollar Crypto Fraud – CCN.com

The Australian Securities and Investments Commission is prosecuting a key member of a criminal syndicate involved in large-scale crypto fraud. | Image: Shutterstock The Australian Securities and Investments Commission (ASIC) has announced that a 21-year-old mother has been arrested following an investigation into an online syndicate accused of stealing and laundering millions of dollars worth of […]

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Ordinary Cubans Embrace Cryptocurrency to Bypass Crippling Sanctions – CCN.com

Faced with crippling economic sanctions, Cubans are adopting cryptocurrencies in greater numbers. | Image: AP Photo/Ismael Francisco Ordinary Cubans are increasingly embracing cryptocurrency as a means to circumvent economic sanctions. Jason Sanchez, a 35-year-old Havan-local, recently told Reuters that he uses cryptocurrencies to purchase hardware for his cellphone repair shop. The roll-out of mobile internet […]

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Exclusive: Australia’s Securities Cop Braces for ‘Significant Increase’ in Crypto Trading – CCN.com

Australia’s financial watchdog has keeping ahead of the pack with crypto regulations. | Source: Shutterstock The Australian Securities and Investments Commission (ASIC), the country’s financial regulator and watchdog, is gearing up for the rapid growth of crypto-asset markets. Speaking to CCN, an ASIC spokesperson indicated that the regulator has identified “significant increases” in cryptocurrency trade […]

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BitMarket Co-Founder Faces 10 Years in Prison for Multi-Million Bitcoin Fraud – CCN.com

BitMarket co-founder is at the center of a multi-million-dollar fraud investigation. | Image: Shutterstock The District Prosecutor’s Office in the Polish city of Suwałki has charged a co-founder of BitMarket.pl for committing fraud while operating the now-defunct cryptocurrency exchange. On Sep. 12, the court revealed that it had charged an individual identified as Marcin A […]

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