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WATCH: Russian captured over asserted advanced currency laundering

collected by :Donald Luther

Russian captured over asserted advanced  currency laundering US authorities also linked him to the failure of Mt Gox, a Japan-based bitcoin exchange that collapsed in 2014 after being hacked.

US officials described Mr Vinnik in a justice department statement as the operator of BTC-e, an exchange used to trade the digital currency bitcoin since 2011.
It was not possible to reach Mr Vinnik for comment.
Mr Vinnik “obtained” funds from the hack of Mt Gox and laundered them through BTC-e and Tradehill, another San Francisco-based exchange he owned, officials said in the statement.
A US jury indicted a Russian man on Wednesday as the operator of a digital currency exchange he allegedly used to launder more than US$4 billion for people involved in crimes ranging from computer hacking to drug trafficking.

Russian captured over asserted advanced  currency laundering 

Ron Chernesky started his career as a trader on Wall Street 10 years ago, first on a trading floor and then running trading platform InvestFeed Inc.
Trading platform CoinDash said hackers made off with $US7 million during its ICO just this month.
That means they grow in value only if the start-up’s business or network proves viable, attracting more people and boosting liquidity.
“It’s very hard for regulators to have an isolated policy response that’s happening on a global cross-border basis,” Madden said.
Hackers made off with nearly $US40 million last week, stealing ICO funds from CoinDash, Swarm City, æternity, and others.
Bankers ditch fat salaries to chase digital currency riches


Ethereum battles to ascend as administrative investigation weighs on advanced money

A single bitcoin BTCUSD, +0.19% was trading up about 4.6% at $2,667.12, while Ether, the digital currency operating in the Ethereum network, was trading 1.4% lower at $202.10.
ICOs refer to previously unregulated offerings of digital currencies, many of which were tied to the Ethereum blockchain, Viglione said.
Bitcoin prices were on the rise Thursday but Ether tokens slipped for a third straight session as recent regulatory moves provided a slight headwind to the world’s second largest digital currency.
On the upside, Viglione said additional regulation could be a longer-term boon for the nascent digital-currency industry.
Blockchains refer to the digital record of transactions shared among a distributed network of computers, using coding to allow participants within the network to conduct one-on-one transactions without an intermediary.
Ethereum struggles


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