Prosecutors

US Prosecutors Investigate Jack Dorsey’s Block Over Non-Compliant Crypto Services: Report

US Prosecutors Investigate Jack Dorsey’s Block Over Non-Compliant Crypto Services: Report

According to a report released by NBC on Wednesday, U.S. prosecutors are investigating Block, a company featuring cryptocurrency services co-founded by Twitter co-founder Jack Dorsey. The allegations against the company involve accusations of processing transactions linked to sanctioned countries and potentially even individuals associated with terrorist activities. Former Employee Alleges Compliance Failures at Block During […]

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Chinese Prosecutors Promise Increased Punishment for Blockchain and Metaverse Crimes

Chinese Prosecutors Promise Increased Punishment for Blockchain and Metaverse Crimes

Image by Brian Yue, MidjourneyCriminals engaging in illicit operations through the use of blockchain technology and metaverse projects will face increased repercussions, China’s highest prosecutor said today. In a press conference hosted by the China’s Supreme People’s Procuratorate on February 23, spokesperson Li Xuehui highlighted a surge in cybercrime occurring within blockchains and the metaverse.

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