South Korean Authorities Turn the Heat on Terra, Do Kwon Faces $78 Million Fine For Tax Evasion

Since the Terra ecosystem crash, the challenges faced by Do Kwon and his Terraform Labs have been coming in thick and fast. The project and its founder have now been charged with tax evasion.

Continue reading South Korean Authorities Turn the Heat on Terra, Do Kwon Faces $78 Million Fine For Tax Evasion at DailyCoin.com.

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US Justice Dept. indicts two Europeans allegedly aiding North Korea evade sanctions

The United States Department of Justice announced Monday that it has indicted two Europeans on grounds that they were, along with Ethereum developer Virgil Griffith, helping North Korea in evading sanctions using crypto assets. Per the press release issued by the Office of Public Affairs, Spanish citizen Alejandro Cao de Benos (Aged 47), and British […]

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We Will Ensure Russia Cannot Use Crypto Assets to Evade Sanctions – Regulation Bitcoin News

The Group of Seven (G7) countries issued a joint statement stating that they “will ensure that the Russian state and elites, proxies and oligarchs cannot leverage digital assets as a means of evading or offsetting the impact of international sanctions.” Meanwhile, the U.S. Treasury Department is “closely monitoring any efforts to circumvent or violate Russia-related […]

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