Author: Callan Quinn
However regardless of their complexity, former founder and chief of cybercrime cartel Shadow Crew, Brett Johnson informed CoinDesk final 12 months that a few of Lichtenstein’s laundering strategies, equivalent to utilizing Coinbase accounts straight related to him, “didn’t make sense” and advised a scarcity of expertise. “Ilya is a f***ing fool. If you happen to have a look at the best way he was attempting to launder cash, he was doing completely every thing unsuitable,” Johnson stated on the time. Supply hyperlink
The SEC sued Kraken in November 2023 for working a platform as an unregistered securities change, dealer, seller and clearing company. The SEC mentioned it believes that since not less than September 2018, Kraken had made a whole bunch of thousands and thousands of {dollars} unlawfully by facilitating the shopping for and promoting of crypto asset securities. Kraken filed for the case to be dismissed, a movement that was rejected in August. Supply hyperlink
“With Hong Kong on the cusp of asserting new stablecoin laws permitting digital currencies on public blockchains, the introduction of this KYC resolution trial offers Mainland Chinese language residents their first alternative to legally maintain public chain wallets and transact with stablecoins, corresponding to HKDA, a fiat-referenced Hong Kong Greenback stablecoin issued by IDA. This venture indicators a doable first step in aligning with China’s long-term method to integrating blockchain know-how,” the businesses mentioned in an announcement. Supply hyperlink
“MAS has seen robust curiosity in asset tokenization in recent times, notably in mounted earnings, FX, and asset administration. We’re inspired by the eager participation from monetary establishments and fellow policymakers to co-create trade requirements and threat administration frameworks to facilitate industrial deployment of tokenized capital markets merchandise, and scale tokenized markets on an trade vast foundation,” stated Leong Sing Chiong, deputy managing director (Markets and Improvement) of MAS. Supply hyperlink