Posts

Showing posts with the label extradition

EOS is still relevant — at least for US criminal extradition

Image
While EOS is rarely mentioned as a blockchain with a real-world US e case, the cryptocurrency has proven to be very US eful in the latest extradition of an Uzbek national living in Ukraine : Nikita Sklyuev, also known as Valeriy Dorojkin, was finally extradited this week to face charges related to wire fraud from 2019. According to documents from the 2019 charges, Sklyuev created a fake EOS wallet explorer that was able to access the private keys of a user who held over two million EOS — valued at $11.8 million at the time — and move the crypto onto Binance and Bitfinex, where he then traded into Ethereum and eventually cashed out. nikitaDownload Over half the stolen EOS has not been touched yet and is currently valued at about $640,000 — a decline of 86% from when it was hacked. Sklyuev hacked the ‘Hodgetwins’ — a Republican-leaning comedy duo with millions of followers — back in 2018 according to an old Steemit post. Read more: How ...

BlackRock, VanEck amend ETF filing, Do Kwon faces possible extradition to the US, sustained regulatory efforts | Weekly Recap

Today’s weekly recap looks at the U.S. ETF race, as BlackRock and VanEck amend their filing s. Also, Montenegro’s authorities are considering extraditing Terra’s founder, while the crypto scene sees sustained regulatory developments. BlackRock, Bitwise, VanEck amend ETF filings As leading asset managers continued to anticipate a decision on a spot Bitcoin ETF, they made changes to align with the U.S. SEC’s demands. Bloomberg ETF analyst James Seyffart revealed on Dec. 4 that BlackRock had amended its filing. Reports further suggested that crypto fund manager Bitwise also updated its application. Seyffart noted that these updates confirm that the SEC is actively discussing the potential launch of the product Four days later, asset manager VanEck also submitted a modified Form S-1 filing to the U.S. SEC, marking its first amendment, as disclosed by Seyffart. Per the updated filing, the product is expected to carry the ticker HODL. Pando joins ETF race, Bla...