Only days before an election in Montenegro, a letter from Do Kwon, the fugitive founder of the Luna digital coin, claimed that crypto “friends” had provided campaign funding to a leading candidate.
Tag: Virtual Currency
Russian Citizen Accused of Running Cryptocurrency Exchange Used by Criminals
The charges were part of an intensifying effort by federal law enforcement agencies, in conjunction with European partners, to combat international cryptocurrency schemes and illegal transactions.
Why the Crypto Collapse Matters
The failure of the cryptocurrency exchange FTX put the entire industry under scrutiny.
On Portugal’s ‘Bitcoin Beach,’ Crypto Optimism Still Reigns
In crypto havens such as Meia Praia beach, the confidence in digital currencies remains undimmed even after this summer’s crash.
Why Many in Argentina Continue to Bet on Cryptocurrency
Even though cryptocurrencies have lost value, many Argentines see them as a less risky choice than their own currency, whose worth has plunged as inflation has soared.
Kraken, a U.S. Crypto Exchange, Is Suspected of Violating Sanctions
The Treasury Department is investigating whether the crypto exchange allowed users in Iran to buy and sell digital tokens, said people with knowledge of the matter.
Cryptomining Capacity in U.S. Rivals Energy Use of Houston, Findings Show
The findings, by a congressional investigation, highlight how the surge in activity has caused consumers’ electrical bills to rise and makes it harder to fight global warming.
El Salvador’s Bitcoin Bet Isn’t Paying Off
It brought El Salvador’s president, Nayib Bukele, the adulation of the tech community, but reduced scarce funds and moved the nation closer to default.
South Korea Arrests 2 Accused of Spying for North Korea
The men were paid in cryptocurrency by a man suspected of being a North Korean spy agent, the South Korean national police agency said.
Ukrainian Minister Has Turned Digital Tools Into Modern Weapons of War
Mykhailo Fedorov, Ukraine’s youngest minister, has turned technology, cryptocurrency and social media into modern weapons of war.