Blockchain & crypto news from India
According to a statement given by Minister of State for Finance Pankaj Chaudhary in Indian parliament, 12 crypto exchanges in India were involved in GST evasion amounting to Rs 87.60 crore. He reported a recovery of Rs 110.97 with interest and penalties. Another piece of information was about attachments and seizures from crypto crime proceeds…
Decripto.org has reported an algorithmic sports trading platform using bitcoin that describes itself as a football speculative investment fund. It is jointly established by the UAE consortium and City Football—two fictitious organizations and is the result of a web search for UEFA Football Crypto Fund. UEFA Football Crypto was established as an alternative method of…
Investigators in Ukraine have discovered a plan that uses a variety of financial schemes, some using cryptocurrency, to prey on citizens of the nation and the European Union. Members of the criminal organization contacted their victims using call centers in order to obtain personal financial data. Cryptocurrencies are legal in Ukraine. Fake Ukrainian Call Centers…
Where money is concerned, scams always follow. And the same is true with cryptocurrency. Confused about cryptocurrencies like Ether (linked to Ethereum) and bitcoin? It’s not just you. Learn how cryptocurrencies differ from cash and other payment methods before using or investing in them. You should also be aware of cryptocurrency scams and how to…
Many celebrities including boxer Floyd Mayweather Jr, Kim Kardashian, ex NBA All-Star Paul Pierce are being charged over their roles in a so-called crypto scam. As per the class action compliant from the Central District of California, the firm EthereumMax including co-founders and others along with these celebs are being accused of making confusing statements…
In a heist that appears straight out of the movies, the Greater Manchester police have seized crypto assets valued at $22.5 million from a couple. The duo is suspected to be a part of an international crypto scam. Police have recovered the assets stored in a pen drive. Including Ethereum, the seized assets are calculated…