A&D Forensics brief brings you adoption and regulation highlights. Also, investigation and crime cases happening in the blockchain and cryptocurrency ecosystem will be summarised here, all in one link.
Hydra darknet market was shut down by Germany’s Federal Police on Tuesday, April 5, 2022. Shortly after, a Russian resident was indicted by the Department of Justice on conspiracy charges related to the Hydra market.
The gaming site said that the group has already demanded ransom but it insists it will not accept the conditions of the hacker group.
The Central Bank of Nigeria (CBN) imposed fines on four banks ₦800 million ($1.9 million) for allegedly facilitating cryptocurrency transactions back in 2021.
The United Kingdom announced on Monday that stablecoins “may provide a more efficient means of payment and more customer choice,” but the declaration was met with skepticism by voters.
EU Regulators’ double standards on anti-money laundering regulation favors the proposed digital euro.
Last month, European Union lawmakers voted in favor of controversial measures to outlaw anonymous crypto transactions, a move the industry said would stifle innovation and invade customer privacy.
The Nigerian Bar Association organized a seminar on the theme, Changing Times, Expanding The Frontiers of Legal Knowledge and Practice this week. Our Senior partner, Adedeji Owonibi spoke to lawyers on the topic “Fighting Cryptocurrency Fraud And the Nigerian Lawyer’s Toolkit.
$90 Million Yacht of Sanctioned Russian Oligarch Viktor Vekselberg Seized by Spain at Request of United States
Spanish authorities acted pursuant to a request from the U.S. Department of Justice for assistance following the issuance of a seizure warrant, filed in the U.S. District Court for the District of Columbia, which alleged that the Tango was subject to forfeiture based on violation of U.S. bank fraud, money laundering, and sanction statutes.