Crypto Currency

Canadian Crypto Money Launderer Jailed for 3.5 Years

Reading Time: 2 minutesFiroz Patel, a 50-year-old Canadian businessman, has been sentenced to 41 months in federal prison for obstructing justice by concealing and laundering 450 bitcoins Patel pleaded guilty to one count of obstruction of an official proceeding on September 17, 2024 This sentencing follows his 2020 conviction for operating an unlicensed money-transmitting business

Published 1 year ago in
Canadian Crypto Money Launderer Jailed for 3.5 Years

Reading Time: 2 minutesFiroz Patel, a 50-year-old Canadian businessman, has been sentenced to 41 months in federal prison for obstructing justice by concealing and laundering 450 bitcoins Patel pleaded guilty to one count of obstruction of an official proceeding on September 17, 2024 This sentencing follows his 2020 conviction for operating an unlicensed money-transmitting business and committing money laundering A Canadian who hid…
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Crypto Currency

Bitcoin whale moves $188M for first time in 7 years

A dormant whale transferred BTC worth $188 million after seven years of holding, adding to the growing ratio of whale transfers to cryptocurrency exchanges…

Published 20 hours ago in
Bitcoin whale moves $188M for first time in 7 years

A dormant whale transferred BTC worth $188 million after seven years of holding, adding to the growing ratio of whale transfers to cryptocurrency exchanges…
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Crypto Currency

Bitcoin falls below $63,000 as markets give Hormuz traffic just 3% chance to normalize by August

Bitcoin slipped below $63,000 as renewed fighting between the United States and Iran pushed oil prices higher, drove bond yields up, and revived concern that an extended disruption in the Strait of Hormuz could keep inflation elevated. Data from CryptoSlate shows the largest cryptocurrency traded near $62,940…

Published 20 hours ago in
Bitcoin falls below $63,000 as markets give Hormuz traffic just 3% chance to normalize by August

Bitcoin slipped below $63,000 as renewed fighting between the United States and Iran pushed oil prices higher, drove bond yields up, and revived concern that an extended disruption in the Strait of Hormuz could keep inflation elevated. Data from CryptoSlate shows the largest cryptocurrency traded near $62,940…
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Crypto Currency

ED sends letters rogatory abroad, seeks info on foreign operatives

The Enforcement Directorate is investigating a sophisticated transnational cyber fraud network. This syndicate used mule bank accounts and shell entities for money laundering. Indian victims were defrauded through various online scams and investment schemes. Proceeds were laundered through overseas platforms and cryptocurrency transactions. The agency has sought information from foreign shores to identify culprits…

Published 20 hours ago in
ED sends letters rogatory abroad, seeks info on foreign operatives

The Enforcement Directorate is investigating a sophisticated transnational cyber fraud network. This syndicate used mule bank accounts and shell entities for money laundering. Indian victims were defrauded through various online scams and investment schemes. Proceeds were laundered through overseas platforms and cryptocurrency transactions. The agency has sought information from foreign shores to identify culprits…
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Crypto Currency

Revolut X Introduces AI-Powered Cryptocurrency Trading with Claude and Gemini Integration

Revolut X integrates AI assistants like Claude and Gemini for crypto trading via natural language commands, with mandatory user approval on all orders. The post Revolut X Introduces AI-Powered Cryptocurrency Trading with Claude and Gemini Integration appeared first on Blockonomi…

Published 20 hours ago in
Revolut X Introduces AI-Powered Cryptocurrency Trading with Claude and Gemini Integration

Revolut X integrates AI assistants like Claude and Gemini for crypto trading via natural language commands, with mandatory user approval on all orders.
The post Revolut X Introduces AI-Powered Cryptocurrency Trading with Claude and Gemini Integration appeared first on Blockonomi…
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