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benjawijah

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Osunkoya’s sentence comes after a 2023 FCA blitz with local police agencies across the country to weed out illegal crypto ATMs.
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“Your actions were deliberate and carefully planned,” Judge Perrins added. “It cannot be said that it is a mere regulatory breach.”
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“Your decision to continue to operate illegally was an act of deliberate and calculated defiance to the regulator,” said Judge Gregory Perrins in sentencing the 46-year-old Osunkoya at Southwark Crown Court in London.
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Osunkoya was also sentenced for forgery for creating four bank statements to pass a source of wealth check at a crypto exchange, using a fake identity to spin up a company under an alias and possessing criminal property — 19,540 British pounds ($24,567) in cash obtained by running the illicit ATMs.
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In cases where customers submitted driving licenses for verification, the FIU found nearly 190,000 instances where checks were conducted solely based on personal information without verifying the authenticity of the card using the encrypted serial number found on South Korean driving licenses. During customer re-verification, the probe identified over 9 million cases where no official identification documents were collected.
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Meanwhile, blockchain analytics firm Elliptic has flagged 11,084 cryptocurrency wallet addresses suspected of being linked to the Bybit exploit. That list is expected to grow as investigations continue.
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Bitcoin’s price action is raising concerns about possible market manipulation as the cryptocurrency continues trading in a tight range despite billions of dollars in institutional inflows.
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Javier Milei was the first foreign leader to meet with Donald Trump after the election, flying from Buenos Aires to the president-elect’s Mar-a-Lago club after the election.
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Known for his “anarcho-capitalist” views, Milei has gained frequent praise from high-profile figures like billionaire Elon Musk, who will lead the newly created Department of Government Efficiency with a mission to cut federal programs, slash regulations, and streamline government operations.
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US Securities and Exchange Commission member Mark Uyeda will be acting chair of the financial regulator as of Jan. 20 following an announcement from the Trump administration.
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In a Jan. 20 notice from the White House, President Donald Trump said Uyeda would replace outgoing SEC Chair Gary Gensler in an acting capacity until the US Senate could confirm one of his nominees. Uyeda, a Republican, has served at the SEC since 2022 after being nominated by former US President Joe Biden.
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https://warpcast.com/jodie7jen/0x101d1df8
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In August 2024, the SEC of Nigeria issued its first license to a crypto exchange, which signaled the beginning of regulatory clarity and oversight for cryptocurrency in the African nation. Later, in September 2024, the SEC planned to start enforcement actions against unregulated exchanges — the catch being that there were only two regulated exchanges in the country at that time.
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In a key moment for the crypto industry’s recovery, FTX’s Bahamas wing will honor the first batch of repayments for users who are owed less than $50,000 worth of claims.
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Baldiviezo also accused Milei of violating the Public Ethics Law, which is Argentina’s framework for public officials, requiring them to declare asset holdings and conflicts of interest.
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Argentine lawyers have reportedly filed charges against Argentina’s president, Javier Milei, in a criminal court for promoting a cryptocurrency that briefly pumped and then tanked over the weekend.
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In a Feb. 17 post on the X social media platform, Stark explained why the SEC requested a 28-day extension to answer Coinbase’s petition asking for permission to appeal.
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In other words, “Stick a fork in the SEC’s case against Coinbase, it’s done,” he said.
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https://warpcast.com/jodie7jen/0x101d1df8
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It noted that this was “primarily due to the digital assets value-added gain generated from the cryptocurrencies held by the group,” and the group’s holding of certain online operation activities and the continuous optimization of its gaming products.
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