Tag: Over

Deutsche Bank Headquarters Raided by 170 Police Officers Over Money Laundering

Deutsche Bank Headquarters Raided by 170 Police Officers Over Money Laundering Deutsche Bank’s headquarters and five other offices have been raided by 170 police officers, prosecutors, and tax inspectors over money laundering allegations. The bank’s written and electronic business documents were reportedly seized. Its employees allegedly helped clients set up […]

Outrage Over Union Bank of Nigeria’s Threat to Close Crypto-Related Accounts

Outrage Over Union Bank of Nigeria’s Threat to Close Crypto-Related Accounts Nigerian digital asset owners have reacted angrily to Union Bank’s threat to close all cryptocurrency-linked accounts. Investors have accused the local banking system of hypocrisy, asserting that banks are “unfit” and “scammers” that continue to steal from the poor […]

GMO Internet Reports Cryptocurrency Exchange Profit Rose Over 34% in Q3 2018

GMO Internet Reports Cryptocurrency Exchange Profit Rose Over 34% in Q3 2018 GMO Internet, the Japanese technology and online finance conglomerate, presented its results for the third quarter of fiscal 2018 on Nov. 12. The presentation included new details about the performance of the Tokyo-listed group’s cryptocurrency-related businesses. Also Read: […]

ECB Shuts Down Maltese Bank Over Schemes to Launder Money and Evade US Sanctions

ECB Shuts Down Maltese Bank Over Schemes to Launder Money and Evade US Sanctions Malta’s Pilatus Bank has been shut down by the European Central Bank (ECB). Its banking license was revoked after its chairman was charged in the U.S. with money laundering and organizing a scheme to evade U.S. […]

Markets Update: Bitcoin Cash Prices See Steady Gains Over the Last Two Days

Markets Update: Bitcoin Cash Prices See Steady Gains Over the Last Two Days Since our last markets update five days ago, cryptocurrency traders saw a lower range of volumes after cryptocurrency prices dropped in value. Now, this Saturday during the weekend trading sessions, most of the top digital asset prices […]

SEC Suspends Trading in Company Over False Cryptocurrency-Related Claims

SEC Suspends Trading in Company Over False Cryptocurrency-Related Claims The U.S. Securities and Exchange Commission (SEC) has suspended trading in a firm for making several false cryptocurrency-related claims. Among them are the firm’s partnership with an SEC qualified custodian, regulated cryptocurrency transactions, and tokens that are fully registered with the […]