Ivan Turogin and Sergei Potapenko face 18 charges in the United States and long prison terms for allegedly making HashFlare a Ponzi scheme.
Estonia News
- 7742
Ivan Turogin and Sergei Potapenko are suspected in a $575 million fraud case, but they can’t be exposed to U.S. detention conditions.
5145The Estonia-based firm noted that only one plaintiff in the class action lawsuit is actually based in Colorado, where the suit was filed.
4956A crypto exchange claiming $1.7 billion in daily trades on its website and $1.4 billion in daily trading volume on CoinMarketCap had reportedly displayed false license data.
19106Hackers attempted to infiltrate CoinsPaid infrastructure directly starting in March 2023 but switched their approach to targeting individuals through fake high-salary job offers.
6610Estonia’s money laundering regulator highlighted a number of issues it found within local crypto firms, such as dodgy execs and nonsensical business plans.
6682Bit4You suspended operations on April 26 amid a CoinLoan insolvency investigation by Estonian regulators.
3707A bitter dispute between Paxful's co-founders in Delaware courts may have led to the crypto marketplace's sudden closure.
4036The Nordics remain a cold place for crypto, but Estonia still leads as the public blockchain adopter.
4956The country decided to act in advance of upcoming EU regulations that could effectively ban noncustodial wallets.
3912The new guidelines reportedly expand the definition of Virtual Asset Service Providers to include DApps, ICOs and related services.
15317About 400 crypto businesses in Estonia still hold licenses after the state revoked nearly 2,000 licenses last year.
12351Burfa intends to purchase new cryptocurrency mining equipment from Bitmain to boost its data-center capacity.
7396After revoking licenses for many crypto firms, Estonia’s parliament is considering even stricter cryptocurrency laws.
8635A crypto exchange says regulations protect customers far more than they might expect.
3045