FBI Seizes 800 Beverly Hills Safety Deposit Boxes With $86M, Attorneys Claim ...
The Federal Bureau Investigation (FBI) is under fire for an alleged unconstitutional seizure of 800 safety deposit boxes in Beverly Hills. According to reports, the FBI confiscated $86 million in cash, jewelry, and thousands of gold and silver bars. Box holders and their lawyers are calling out the federal law enforcement agency for lacking sufficient proof that the boxes held evidence of being tied to specific crimes. Abuse of Power? Lawyers Believe the FBI Seized People’s Life Savings in an Unconstitutional Manner The FBI has seized over 800 safety deposit boxes that were located....
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Bitcoin users will soon be able to use their digital cash to purchase offshore safety deposit boxes, according to an announcement made by Cofres Bitcoin on Thursday. The company, who's working in concert with Swiftcoin exchange First National BNAK, is offering what they are calling "state of the art" safety deposit boxes at the Plaza Independencia 823 building in Montevideo, Uruguay. According to Cofres, per client request, each of the boxes will be Swiss-style numbered accounts that will make use of a Swiftcoin address - serving at the only identifier of the client. Of course, we won't....
According to a recent report, a secretly held, invitation-only crypto gala took place in Beverly Hills called the “Medici LA 22” event. The exclusive cryptocurrency gathering took place under the radar, but the two-day meeting was reported on after “130 or so” attendees met. An Exclusive, Closed-Door Meeting Took Place in Beverly Hills With Wall Street Big Wigs and Crypto Industry Leaders On May 3, Bloomberg reporter Yueqi Yang described an event called Medici LA 22, a secret gathering meant to create “actionable investment ideas” in the crypto....
During an interview with at the invite-only Code Conference in Beverly Hills, Elon Musk said the government should steer clear of trying to regulate Bitcoin and cryptocurrency.
Who really understands what a blockchain is? Could you explain it to your mother? Chain CEO Adam Ludwin got down to fundamentals yesterday, as he explained his company’s intention to transform financial services by digitizing already-existing assets. Ludwin spoke on a Tuesday afternoon panel with at the Money 20/20 Conference in Las Vegas. Blockchains Transform Finance From the Bottom Up. Assets including U.S. dollars and Starbucks points could move on blockchains with greater efficiency and security, he said. “A blockchain is actually a new type of database,” he said, adding that it’s a....
Economic sanctions against Iran have been lifted, but some sanctions still apply. A pair of attorneys at the global Pillsbury law firm claim that screening rules still exist when trading with Iran, which means complications for anyone in the U.S. and European Union (EU) doing bitcoin transactions with parties in Iran, according to City A.M., a London, U.K. newspaper. Attorneys Steven Farmer and Matthew Oresman claim some EU and U.S. financial sanctions remain in place against certain Iranian individuals and businesses. (The lawyers are both sanctions experts and Farmer is also a bitcoin....