US Senators Discuss Crypto Threat to Domestic Elections

Cryptocurrencies are “tailor-made” for foreign powers hoping to influence American elections, a security consultant told a group of U.S. senators on Tuesday. Scott Dueweke, director of threat analysis company DarkTower, was one of several witnesses appearing before the Senate Subcommittee on Crime and Terrorism to discuss the potential use of cryptocurrencies by foreign agents in order to […]

Continue Reading

Taiwan Moves to Capture Bitcoin Under Money Laundering Laws

The government of Taiwan has moved a step closer to regulating bitcoin under anti-money laundering (AML) rules. In an announcement on Tuesday, the state’s Ministry of Finance said it will push for the regulation of cryptocurrencies under same AML rules already covering the traditional financial sector. Citing guidance issued by Financial Action Task Force, an intergovernmental […]

Continue Reading

Ethereum Drama, More Bans and Lawsuits: This Week in Crypto

Join our community of 10 000 traders on Hacked.com for just $39 per month. Make sure you check out last weeks post here, now let’s go over what happened in crypto this week.  Price Watch: Bitcoin is down 20% this week completely retracing the past week’s gains. Despite periodic gains this week, the market still finished […]

Continue Reading

Arizona Bitcoin Trader Convicted for Crypto Money Laundering

An Arizona bitcoin trader been convicted for using the cryptocurrency to launder the proceeds of drug deals. Thomas Mario Costanzo, who goes by Morpheus Titania on Twitter and operated a peer-to-peer bitcoin exchange website, was found guilty of charges of five money laundering by a federal jury in Phoenix on March 28, according to a Justice […]

Continue Reading