Voyager Digital Buys European Crypto Exchange Focused on Institutional Investors
Crypto-asset broker Voyager Digital Ltd is buying LGO Markets, a French cryptocurrency exchange focused on corporate investors. The two firms will merge under one brand, Voyager, and their two separate native tokens, VGX and LGO, will also merge. The deal grants Voyager, a Canadian Securities Exchange-listed (CSE) firm, access to the European retail market through LGO’s Virtual Asset Service Provider licence held with the French...
Prepping for Next Year’s Travel Rule: 25 US Crypto Service Providers Publish Compliance Solutions Paper
A great number of cryptocurrency businesses are preparing for the upcoming Financial Action Task Force (FATF) rules toward cryptocurrencies, specifically the Travel Rule. This month 25 Virtual Asset Service Providers (VASPs) published a paper that outlines how American-based VASPs aim to comply with the FATF Travel Rule. Digital currency companies, otherwise known as Virtual Asset Service Providers (VASPs) in the eyes of global...
Mastermind of Alleged Billion Dollar Spanish Pyramid Scheme Arrested, Faces 16 Year Prison Sentence
The CEO of Arbistar the Spanish investment company, Santiago Fuentes, has been arrested and arraigned on charges of fraud, belonging to a criminal organization and money laundering. Fuentes, who has been in hiding since September, was arrested at one of his properties in the south of Tenerife. The Arbistar Pyramid Scheme Fuentes’ arrest stems from lawsuits filed by Arbistar clients who allege pyramid fraud after the bitcoin trading...
Pirate IPTV Reseller Agrees to Pay $30m in Damages and Puts Users At Risk
In 2018, US broadcaster DISH Network sued pirate IPTV service SET TV for offering many TV channels illegally obtained from DISH’s satellite service. That lawsuit came to an end in 2018 when SET TV’s operators were ordered by a Florida court to pay $90 million in statutory damages. However, as far as DISH was concerned, there were more loose ends to tie up. DISH Sues Simply-TV and Goes After a Reseller Early 2019, DISH filed another...
Denmark’s Largest Torrent Tracker Shuts Down After Owner’s Reported Arrest
With millions of views per month, DanishBits (DB) was one of the most popular private torrent trackers on the web. As its name suggests, the site operated from Denmark and it mostly served visitors from the Scandinavian country, where it was more popular than public torrent sites. A few days ago this reign came to an end. All of a sudden the site became unreachable and, according to several people close to the fire, this is the result...
