Latvian Extradited to US for Wire Fraud Involving Crypto Investments

A Latvian national has been handed over to the United States where he is accused of fraud through several companies offering false crypto investment opportunities. Ivars Auzins will appear in a federal court in Brooklyn to face multiple charges of wire and securities fraud. Latvian Authorities Transfer Alleged Crypto Fraudster to US Custody Ivars Auzins, … Read more

Latvian Artist Threatened With Prison for Money Laundering Through NFTs

An artist from Latvia is under investigation for allegedly selling NFTs, or non-fungible tokens, to launder money, for which he may get up to 12 years in prison. The authorities have blocked his bank accounts and launched an investigation without even notifying him. Artist Who Sold Over 3,500 NFTs Prosecuted for Money Laundering in Latvia … Read more

This ICO Project Wants to Detokenize Itself

Digipulse, a Latvian startup offering “crypto-inheritance” services, has decided to completely detokenize its business. Only two of its clients signed up on the platform using its native tokens. The team also says it doesn’t like to rely on price speculation but wants to create value with its service. Also read: Cars and Pizzas for Crypto … Read more

The Daily: Crypto-Inheritance Service, Taiwanese Stablecoin, Bitcoin Gift Cards

Featured in today’s edition of Bitcoin in Brief are a service that allows inheritance of crypto assets and a new stablecoin launched in Taiwan. Also in our daily roundup, crypto terminals have been installed by a restaurant chain in Hong Kong, and a company now offers bitcoin gift cards for easier access to the crypto … Read more