Tag: Faces

Nordea Bank Faces Allegations of Laundering Russian Millions

Nordea Bank Faces Allegations of Laundering Russian Millions Finnish public broadcaster YLE will air a damning program on March 4 that reveals Nordea Bank’s alleged involvement in a multi-million-dollar money laundering scheme. The program will show how dirty money, mostly from Russian criminals, passed through Nordea, the biggest lender in […]

Mark Karpeles Still Faces Class Allegations in the U.S. After Japan Verdict

Mark Karpeles Still Faces Class Allegations in the U.S. After Japan Verdict Mark Karpeles, the chief executive of the now defunct bitcoin exchange Mt. Gox, has been denied a motion to stay in a class action lawsuit in the U.S. The Northern District of Illinois lawsuit originally filed by Anthony […]

Bitcoin Trader Faces Five Years in US Jail for Unlicensed Money Transmitting Business

Bitcoin Trader Faces Five Years in US Jail for Unlicensed Money Transmitting Business Bitcoin trader Jacob Burrell-Campos pleaded guilty this week in a U.S. federal court to operating an unlicensed money transmitting business. The 21-year-old San Diego native is now awaiting sentencing and faces a maximum of five years in […]

U.S. Man Faces up to 5 Years in Prison for ‘Unlicensed’ Bitcoin Sales via LocalBitcoins

U.S. Man Faces up to 5 Years in Prison for ‘Unlicensed’ Bitcoin Sales via LocalBitcoins An American man has pled guilty to operating an unlicensed money transmitting business, having sold hundreds of thousands of dollars worth of Bitcoin on LocalBitcoins.com Cointelegraph.com News

The Bitcoin Standard: BCH Troll Slayer Faces BTC’s Angriest Man

The Bitcoin Standard: BCH Troll Slayer Faces BTC’s Angriest Man Bitcoin Cash’s (BCH) troll slayer Derek Magill is back at it, and this time he’s facing down a pretty fierce opponent. Saifedean Ammous’s The Bitcoin Standard is hardcore maximalist argumentation for the supremacy of bitcoin core (BTC) as a cryptocurrency […]

Savedroid “Scam-But-Not-A-Scam” PR Stunt Faces the Consequences of a Terrible Idea

Savedroid “Scam-But-Not-A-Scam” PR Stunt Faces the Consequences of a Terrible Idea Savedroid has been a promising ICO since its inception. Founded in 2015, the project sought to develop algorithms based on artificial intelligence that would allow users to manage their expenses more efficiently through a carefully designed savings and investment […]