Crypto Bet Gone Wrong: Taiwanese Man Faces Charges For Betting On Presidentia...
A man has been accused of breaking Taiwan’s President and Vice President Election Recall Act after using an online crypto-gambling site to wager on the presidential elections. Thirty people have been detained in Taiwan for betting on the country’s electoral results. Related Reading: New South Korean Crypto Law To Review 600 Listed Assets Man Detained […]
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PayPal, one of the world’s leading online payment services, is making some very awkward decisions as of late. Ever since the payment processor separated from parent company eBay, PayPal has been announcing dubious changes. The latest of those changes focuses on Taiwan, where PayPal users will not be able to use a Taiwanese account to send funds to other Taiwanese Paypal users. Starting on September 21st. 2015, Taiwanese Paypal users will be facing a drastic change in the way they send and receive money online. According to a recent Paypal announcement, the company will prohibit domestic....
In a recent development, Binance, the world’s largest cryptocurrency exchange, is facing serious allegations of “aggravated money laundering” in France. These charges come after a visit by local police to the exchange’s headquarters in the European country on June 16. Binance Faces French Probe French prosecutors initiated the investigation into Binance in June 2023, looking […]
Arrested by the FBI earlier today, 24-year-old Spence also faces civil charges of fraud that look to bar him from future trading. For Jeremy Spence, also known as "Coin Signals," the news just gets worse.The Commodity Futures Trading Commission has unveiled civil fraud charges against Spence for his investment scheme, which allegedly suckered investors out of over $5 million worth of Bitcoin (BTC) based on false or misleading statements.As Cointelegraph reported, the Department of Justice arrested Spence earlier today on charges of wire fraud and commodities fraud that have maximum....
There is no shortage these days of what you can do with your cryptocurrency; you can buy, sell, spend, borrow, and much more. But one of the more exciting crypto application niches is betting. It is no secret that people love betting, given that it is a billion-dollar global industry. But what happens when betting is given an innovative crypto touch? The answer is Zikbo, a crypto betting and sports gaming platform. The company has made waves for its unique algorithm which allows users to play fixed bets, bet against each other, bet on events, and many more. We speak with Richard Brooks,....
New embezzlement charges have been filed against Mark Karpeles for moving $20 million worth of yen in client money to his bank account and spending an unspecified sum on prostitutes, reported Astro Awani in Malaysia. Karpeles already faces fraud charges for the disappearance of hundreds of millions of dollars worth of the virtual currency from Mt. Gox, the now defunct Tokyo-based exchange. Citing Yomiuri, a Japanese newspaper, Astro Awani reported Karpeles spent an unspecified sum on prostitutes while the Jiji Press news agency in Japan said the charges involve "several women whom he met....