Bitcoin Operator Coinflip Settles with the Feds
In the first enforcement case against a Bitcoin operator after recognizing the cryptocurrency as a commodity, Bitcoin operator Coinflip has reached a settlement with the U. S. Commodity Futures Trading Commission (CFTC). With the new ruling that virtual currencies are to be recognized as commodities that are under the rules and regulations of existing laws, the U. S. derivatives regulators brought their first case against a Bitcoin trading platform, Reuters reports. The Federal agency said that a settlement had been reached with San Francisco-based trading platform Coinflip and its CEO....
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Actor and bitcoin investor Neil Patrick Harris has partnered with a leading cryptocurrency ATM operator to help people see “how easy and accessible it is to invest in cryptocurrency and join the future of finance.” Harris also shared how he got into bitcoin. Neil Patrick Harris Partners With Bitcoin ATM Operator Coinflip Coinflip, one of the largest cryptocurrency ATM operators, announced Tuesday a partnership with actor and long-time crypto investor Neil Patrick Harris, to launch a marketing campaign with the actor as the spokesperson. Founded in 2015, Coinflip currently....
Promoted: Bitcoin ATM operator CoinFlip has now added a layer to its mission of banking the unbanked with a gift card marketplace. The post CoinFlip Launches Bitcoin-Enabled Gift Card Marketplace appeared first on Bitcoin Magazine.
Undoubtedly many readers have seen this wallet before, we've linked to it a lot here in articles onCCN. Those are the "Silk Road Bitcoins" seized by a joint federal task force in the October take-down of the infamous online drug marketplace: Silk road. During the take-down that included crazy antics by undercover agents at a public library in a brazen heist to steal Silk Road operator Ross Ulbricht's laptop mid-session, the Feds were able to gain control of 29,655 Bitcoins from Silk Roads' servers. These Bitcoins belonged, in large part, to individual users of Silk Road from around the....
Crypto merchant service provider Bitpay has added dogecoin to its list of supported cryptocurrencies. One of its merchants, the Mark Cuban-owned Dallas Mavericks has become the first in the network to accept the meme coin. Meanwhile, a major crypto ATM operator Coinflip has made dogecoin available for purchase at its 1,800 crypto ATMs nationwide. Dogecoin Added to Bitpay’s List of Supported Cryptocurrencies In an official announcement Thursday, the cryptocurrency merchant service provider detailed: [Bitpay] today announced the rollout of dogecoin payments for merchants and consumers.....
Imagine if you will, an obscure meth lab tucked away in some trailer park in rural North Dakota, with a bunch of vagrants tweaking out at all hours of the day and night - robbing, stealing, pawning, and doing just about anything that they can in order to get another sweet fix. Now, imagine a long-time sting operation finally goes into effect and the feds swoop in and arrest everybody involved with the meth production along with all of the collateral users in the area. Upon later investigation they find stacks and stacks of cold hard cash that people used in order to purchase meth. The cash....