According to peer-to-peer cryptocurrency exchange Paxful, new users grew 365% from May to May, with revenues up 350%. That hasn’t been hampered by the pandemic, with second quarter revenues up an average of 42% per month and July set to surpass that. At the same time cybersecurity provider Qrator Labs reported a spike in new cryptocurrency scams in Russia.
France charges alleged BTC-e operator Alexander Vinnik with money laundering, extortion
Vinnik has been on a hunger strike to protest his lengthy detention
French officials filed preliminary charges of money laundering and extortion against Alexander Vinnik on Friday. The Russian national was extradited to France on Thursday after spending more than two years in pre-trial detention in Greece.
‘If legislation does not exist, is everything permitted?’: An in-depth look at Russia’s long path to crypto legislation
Russia has been struggling to pass comprehensive cryptocurrency reform for over two years. With the bill on crowdfunding finally set to go into effect in 2020, what’s going on with the arguably more crypto-related bill on digital financial assets?
Russia’s path to cryptocurrency legislation been long and complex, but that’s nothing out of the ordinary for a country seems to do a lot of things the hard way.
Patrick Byrne overstocks on Russian agent, resigns
Overstock.com CEO bows out after placing himself at the center of a scandal involving a Russian agent and election interference
Take one sultry Russian agent, a middle-aged tech CEO nearly twice her age, and add in the FBI, Hillary Clinton, allegations of election interference, and vague comments about the “deep state” and “Men in Black,” and you’ve got the makings of Netflix’s next hot series. Or, the reason the CEO of Overstock.com resigned on August 22 from the dot-com company he built into a major online retailer.