US, UK, Canada, Australia, Netherlands Share Crypto Criminal Leads, Including...
Officials from the U.S., U.K., Canada, Australia, and the Netherlands have shared data and identified more than 50 crypto-related criminal leads, including one case that could be a $1 billion Ponzi scheme. Officials Share Data on Global Crypto Crime The heads of tax enforcement from the Joint Chiefs of Global Tax Enforcement (J5) countries met in London this week to share intelligence and data to identify sources of illegal cross-border crypto activity, Bloomberg reported Friday. The J5 was formed in response to the call to action from the Organisation for Economic Co-operation and....
Related News
In a post published Tuesday on the Bitcoin Foundation blog, Affiliates Director at the Foundation Mark Woods today welcomed the Foundation's newest affiliates from Germany and The Netherlands. The first is Bundesverband Bitcoin (Germany) and Stichting Bitcoin Nederland (quite obviously, The Netherlands). "Home to some of the most active bitcoin communities, both Germany and the Netherlands have entire streets of local businesses that prefer to accept bitcoin. The town of Kreuzberg in Berlin made headlines in 2013 and a street in the Hague in the Netherlands has been dubbed 'Bitcoin....
Developing events reveal a pronounced step in the expansion of the Bitcoin market in Canada and Australia if the recent actions of Netcoins is anything to go by. Bitcoin in gas stations and grocery stores. Netcoins who recently announced its partnership with Flexepin, a prepaid paper voucher system available in denominations up to $500, claims that this move will provide 7000 new Bitcoin access points in Canada and Australia. Michael Vogel, CEO at Netcoins, says: “Next time you fill up at the gas station, you might just be able to buy Bitcoins there too. Netcoins' partnership with Flexepin....
Dutch authorities have seized more than 25 million euros in cryptocurrencies, including bitcoin and ether, from dozens of suspects in criminal cases. “Cryptocurrencies are widely used as a means of payment for various types of crime,” said the Netherlands’ Public Prosecution Service. Authorities in the Netherlands Seize More Than 25 Million Euros in Cryptocurrencies, Including Bitcoin and Ether The Netherlands’ Public Prosecution Service announced last week that it has seized more than 25 million euros ($28.6 million) in cryptocurrencies in recent months in....
Digital currency exchange and wallet provider Coinbase has extended bitcoin and ether buying to customers in Canada and Singapore, within days after announcing the same feature to Australian users. Firmly in its global expansion phase, bitcoin and ether exchange and wallet Coinbase has now enabled its bitcoin and ether buying feature to customers in Canada and Singapore. Users in the two countries will be able to purchase the cryptocurrencies instantly with their debit and credit cards. Canadian users will be restricted to buying bitcoin and ether while not being to sell them just yet,....
One of Australia's primary national law enforcement agencies, the Australian Crime Commission (ACC), is investigating bitcoin's role in organized crime in an official operation known as 'Project Longstrike'. According to a report published by Reuters earlier today, ACC Executive Director Judy Lind said that investigators were aware of and would be monitoring "misuse of virtual currencies to facilitate criminal activity." She said: "Organized crime groups continue to make use of darknets to harbor trading in illicit commodities, including child exploitation material, illicit drugs and....