Russia Considers Jail Time for People Helping Crypto Scammers Launder Proceeds
The interior ministry of Russia has decided to go after those providing money-laundering services to crypto fraudsters, suggesting they should go to prison. The department wants to introduce criminal liability for the activities of these people, also known as ‘droppers.’ Law Enforcement in Russia Targets Droppers Involved in Fraudulent Crypto Schemes The Ministry of Internal Affairs of the Russian Federation (MVD) and other security...
Robert Kiyosaki Says in Cash Position Waiting to Buy Bitcoin — Asset Prices Are Crashing, ‘Greatest Sale on Earth’ Incoming
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has advised investors not to miss “the greatest sale on earth.” He said asset prices are crashing and indicated that he is waiting in cash position to pick up bargains, including bitcoin. Robert Kiyosaki Waiting to Buy Bitcoin The author of Rich Dad Poor Dad, Robert Kiyosaki, reiterated this week that he is waiting to buy bitcoin, emphasizing that “the...
Bank of America Predicts US Recession This Year as Inflation Hits 40-Year High
Bank of America has forecasted that the U.S. economy will slide into a recession this year. “A number of forces have coincided to slow economic momentum more rapidly than we previously expected,” the bank’s economists said. US Economy Heading Into a Recession This Year, Says Bank of America Bank of America’s economists now expect a recession in the U.S. this year. In a report published Wednesday, they explained: “Our previous baseline...
Manga Piracy: Operator of MangaBank Sentenced By Chinese Authorities
Japanese manga publishing giants Shueisha, Kadowaka, Kodansha, and Shogakukan are on a mission to disrupt piracy in any way possible. Late October 2021, a law firm acting for Shueisha filed an ex parte application at a California district court seeking discovery of information for use in a foreign proceeding. In our initial report we listed several domains of interest to Shueisha, all with a common denominator – connections to huge...
RIAA Takes Down ‘Infringing’ .ETH Domain Auctions from OpenSea
The music industry has had a difficult relationship with new technologies over the past several decades. Cassette tapes, recordable CDs, MP3s, and streaming services have all been described as a major threat to the revenues of artists and labels. ‘Infringing’ NFTs More recently, various blockchain and NFT projects are seen as a growing problem. Earlier this year, the RIAA went after NFT marketplace HitPiece, describing it as a scam...
