An In-Depth Look at the Couple Accused of Laundering 94,636 Bitcoin From the 2016 Bitfinex Hack
On Tuesday, the U.S. Department of Justice (DOJ) arrested two individuals that are accused of an “alleged conspiracy to launder” 94,636 bitcoins stolen from Bitfinex in 2016. Interestingly, both of the suspects are known individuals within the tech industry as Ilya Lichtenstein was the co-founder of Mixrank, a Y-Combinator backed startup and Heather Morgan was a writer for Forbes. The Myriad of Mysterious Bitcoin Transfers From the...
Former Thai Central Bank Director Predicts Crypto Bubble Emerging in March
A former Bank of Thailand director has warned about an imminent crypto crash. “A cryptocurrency bubble will emerge at the end of March when liquidity in the financial market drops,” he reportedly predicted. Former Central Bank Director Warns Crypto Market Will Soon Crash Former Bank of Thailand (BOT) Director Anusorn Thammajai reportedly warned that the cryptocurrency market will crash in a couple of months, the Nation reported...
Switzerland’s Largest Bank UBS Suggests Alternative Ways of Investing in Cryptocurrency
Switzerland’s largest bank, UBS, has suggested some investment strategies for investors seeking to gain exposure to crypto assets with less risk than investing directly in bitcoin, ether, or other cryptocurrencies. “There are several main ways investors can access this potential while avoiding the high volatility and regulatory risks of holding bitcoin or rival cryptos,” the UBS analysts explained. UBS’ Crypto Investing Advice The UBS...
Police Arrest Man For Running Pirate Site Linking to Anime, Movies, TV Shows
In 2012, Japan passed legislation that made it illegal to download unlicensed movies and music from the Internet. Eight years later, Japan’s parliament passed new copyright amendments that banned the unlicensed downloading of manga, magazines and academic texts from the Internet, in line with the previously outlawed media categories. At the same time, it introduced provisions for dealing with so-called ‘leech’ sites, platforms that...
Omi in a Hellcat Will Plead Guilty, Suddenly Turns Anti-Piracy Advocate
In November 2019, the federal government shut down Gears-branded IPTV services operated by Bill Omar Carrasquillo, better known by his social media handle Omi in a Hellcat. IRS and FBI agents seized “at least” $5.2m from his bank accounts along with a laundry list of supercars and other vehicles, all alleged to have been purchased with revenues from Carrasquillo’s pirate TV services. A criminal indictment unsealed last year revealed...
