Latest from Jaspreet Kalra
PayPal Co-founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement
Data center power management firm Lancium filed a lawsuit against Layer1 today, alleging the bitcoin mining firm’s operations had infringed upon its patent.
Boontech, Founder Pavithran Settle SEC Charges Over Fraudulent ICO and Registration Violations
Marketed as a “decentralized job marketplace,” Boontech and founder Rajesh Pavithran have settled charges of fraud and registration violation brought by the SEC.
Interactive Brokers to Pay $38M in Settlement Over AML Lapses
Publicly traded brokerage firm Interactive Brokers has agreed to pay multi-million dollar penalties to the SEC, Finra and CFTC for failure to flag suspicious transactions and lapses in AML compliance.
FinCEN Warns on Coronavirus Scams Demanding Crypto
FinCEN is warning cybercriminals are exploiting the COVID-19 pandemic, and asks firms to be especially vigilant regarding their dealings with virtual currencies.
Indian Users Almost 5 Times More Likely to Encounter Crypto Hacking: Microsoft Report
A Microsoft cybersecurity report found that in Asia-Pacific, Sri Lanka has the highest rate of encounter with such attacks, with neighboring India in second place.
Digital Intelligence Firm Cellebrite Launches Crypto Tracing Tool Powered by CipherTrace
Israel-based digital forensics firm Cellebrite announced the launch of its cryptocurrency and blockchain tracing tool on Tuesday.
Digital Bank Revolut Adds Stellar to List of Supported Cryptocurrencies
Users will now be able to buy and sell XLM on Revolut’s platform, the fintech firm announced Tuesday.
Leading Austrian Telecom Provider Adds Cryptocurrencies to Its Cashless Payment Network
A1 Telekom Austria said cryptocurrencies will now be available to use in its cashless payment app, allowing over 2,500 merchants to accept bitcoin, ether and dash.
YouTube Seeks to Dismiss Ripple Lawsuit Over XRP Giveaway Scams
The video-sharing giant filed a motion to dismiss Ripple’s lawsuit that alleges YouTube did not do enough to stop free XRP giveaway scams, copyright infringement.
'Superman29' May Do Time: California Resident Pleads Guilty to Laundering Millions Using Illegal Bitcoin ATMs
Kais Mohammad, aka “Superman29,” has agreed to plead guilty to federal charges he ran an unlicensed Bbtcoin ATM network that laundered up to $25 million.
