Tag: confiscation order

China to carry out the initial real-world trial of its central bank digital currency
December 25, 2019 BY Mariela Naydenova

China seizes 7,000 crypto mining machines

The fight against the mining of cryptocurrencies continues with full force. It is a well-known fact that the mining of Bitcoin and other digital coins drains a huge amount of electricity and this cost often comes at the expense of the respective government. While in China it's no longer a crime to found mining operations,…

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fca crypto regulation
May 24, 2017 BY LeapRate Staff

FCA secures eight confiscation orders totaling £2.2 million

UK financial regulator The FCA has announced that the Central Criminal Court has made confiscation orders against the two final defendants who were convicted of offences following one of the FCA’s largest investigations into unauthorised activity. The FCA’s investigation, known as Operation Cotton, led to eight convictions and this week’s orders mean a total of £2,195,496…

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