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SEC shuts down digital currency investment scam The US Securities and Exchange Commission (SEC) on Monday said its newly created Cyber Unit shut down a digital currency investment scam, charging a company that took millions from investors by "falsely promising" a speedy, 13-fold profit. The unit filed charges against and froze the assets of ...
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Why Did Amazon Buy Up Cryptocurrency URLs? The fact that the company has mentioned two of the leading digital currencies (bitcoin and ethereum) in the domain names could mean that it is considering introducing some type of link to those currencies. One potential offering would be payment services utilizing one or both of the currencies.
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Four arrested for attempting to sell scrapped currency of Turkey According to the details furnished by police, T. Venkat Rao (24), U. Naga Venkata Srinivas (21), Pathan Jeelani (34), RTC conductor and Shaik Kale Shah Wali of Guntur obtained Rs. 2.5 lakh currency notes and they were trying to sell 20 lakh Liras. The Task Force Team of Central Zone arrested them ...
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A new cryptocurrency won't solve Venezuela's economic crisis But Venezuelan president Nicolás Mauro thinks that a new digital currency could revive the country from economic collapse and help it sidestep US sanctions. During the latest episode of his weekly TV show Los Domingos con Maduro, the president announced his plans to launch the 'petro' – a digital ...
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Corporate Close-Up: Income Taxation Generated From Cryptocurrencies We have all heard of virtual—or crypto—currency, but the big question remains: How do these intangible concepts result in tangible currency, and what does it mean come tax day? "Mining"[1] aside, there are several ways to acquire cryptocurrency, the most common of which is the exchange of physical ...
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