Liquidator of Defunct South African Crypto Exchange Says He Found a 54 BTC Discrepancy in Ice3’s Accounts – Exchanges Bitcoin News

Liquidator of Defunct South African Crypto Exchange Says He Found a 54 BTC Discrepancy in Ice3's Accounts

A court-appointed liquidator, Dewald Breytenbach of National Liquidators, recently claimed that out of the 76 bitcoins that belonged to the now-defunct South African cryptocurrency exchange, Ice3, his firm can only account for 22. Ice3’s Abrupt Shut Down The liquidator adds that the crypto exchange’s Zurich-based tech provider Merkeleon is now being asked to help unravel … Read more

Crypto Exchange WazirX Locked Around 14,500 Accounts During April-September

Crypto Exchange WazirX Locked Around 14,500 Accounts During April-September

Currently, WazirX said it has a total user base of 8.5 million.New Delhi: Cryptocurrency exchange WazirX said that it has locked around 14,500 user accounts during April 1 to September 30, 2021 along with a 100% compliance rate for law enforcement requests.In its first ‘Transparency Report’ released on October 11, the company stated, “Our compliance … Read more

money laundering: Crypto bourses block accounts as red flags rise

money laundering: Crypto bourses block accounts as red flags rise

Indian cryptocurrency exchanges have started reporting and blocking trading accounts, which undertake suspicious trades after government agencies raised red flags over cryptocurrencies being used for money laundering. The self-regulation comes at a time when India is yet to come out with any regulations around cryptocurrencies or the way to tax them. Industry trackers say investigators … Read more