Royal Bahamas Police Force Reveals FTX Is Being Investigated for ‘Criminal Mi...
“A team of financial investigators” are currently investigating the now-defunct crypto exchange FTX, the Royal Bahamas Police Force said in a statement shared on Sunday. The police noted that the financial investigators were searching to see if “any criminal misconduct occurred.” Bahamas Law Enforcement Looks Into FTX Collapse After the Bahamas securities regulator took action against FTX on Nov. 11, 2022, the country’s Securities Commission updated the public the following day. The regulating entity noted that it did not give permission to FTX to authorize withdrawals for Bahamian....
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The Bahamas securities regulator and financial investigators are reportedly investigating the collapsed crypto exchange. An investigation of possible criminal misconduct over the insolvency of cryptocurrency exchange FTX is underway by financial investigators and the Bahamas securities regulators, according to a statement by the Royal Bahamas Police Force sent to Reuters on Nov 13. The Royal Bahamas Police stated: "In light of the collapse of FTX globally and the provisional liquidation of FTX Digital Markets Ltd., a team of financial investigators from the Financial Crimes Investigation....
Local news sources are reporting that the Tokyo Metropolitan Police will arrest Mark Karpeles on 1st August in connection with its investigation. A representative for the Tokyo police was not available for comment. The Tokyo Metropolitan Police is reportedly pursuing criminal charges against Mark Karpeles, CEO of the now-defunct, Japan-based bitcoin exchange Mt Gox. Domestic news service Nikkei reported on 31st July that, according to an official with the city's police force, Karpeles is being investigated for allegedly using dummy exchange accounts with fictitious bitcoin balances to meet....
Canadian federal and national police force the Royal Canadian Mounted Police (RCMP) is examining ways of preventing and solving digital currency-related financial crimes. An email correspondence between the police force and Canada's financial intelligence unit the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) was obtained by media outlet GlobalNews.ca under the Access to Information Act. "I am running a major project on our end and my management would like your organization in as a possible stakeholder. [...]The project is in relation to Bitcoins and their....
More of the Silk Road scandal has been revealed following the release of a criminal complaint on Monday in federal court. The complaint filed on March 25, 2015 charges two former US federal agents who investigated Silk Road with stealing bitcoin, extorting money from the defendant, and a string of other criminal charges. Former Secret Service agent Shaun Bridges of Baltimore, Maryland, and former D.E.A. agent Carl Force of Laurel, Maryland have been charged with wire fraud and money laundering. Agent Force was also charged with theft of government property and conflict of interest.
While the price of gold has dropped in value from the asset’s all-time high on March 8, the U.K.’s oldest precious metals (PMs) company, the Royal Mint, saw record profits over the last 12 months. In fact, the Royal Mint’s annual earnings show the firm has seen the highest profits in 12 years, with PMs accounting for roughly 86.7% of the Royal Mint’s revenue. Royal Mint Prints Record Profits During Last 12 Months Precious metals demand has skyrocketed, according to the recent annual profits accrued by the Royal Mint over the last 12 months. The official coinage supplier of the United....