The Public Ledger of CorruptionCrypto

OFAC Announces Settlement with Virtual Currency Exchange Kraken

December 7, 2022May 2, 2023 CorruptionLedger No Comments

On November 28, 2022, the Office of Foreign Assets Control (“OFAC”) announced a settlement agreement with Payward, Inc., known as Kraken (“Kraken”), a United States-based virtual currency exchange. Kraken agreed to pay $362,158.70 to resolve its potential civil liability for 826 apparent violations of the Iranian Transactions and Sanctions Regulations (“Apparent Violations”). The settlement amount…

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Business & Economy, cryptocurrency

Politician accuses FDIC of coercing banks into denying services to lawful crypto companies

August 22, 2022May 14, 2023 5amResearch No Comments

In a letter dated August 16, 2022, U.S. Sen. Pat Toomey addressed FDIC acting chairman Martin Gruenberg to inquire about some recent FDIC actions that came to light by way of whistleblower reporting. Toomey said that the affected parties came forward to reveal that their banks received letters from the FDIC discouraging the bank from…

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banks, Business & Economy, corporate corruption, Corruption, cryptocurrency, government corruption

Monero vs. Centralized Authority

May 4, 2022May 17, 2023 CorruptionLedger No Comments

Monday August 1, 2020.Monero hits all-time high monthly transactions (MoneroJ.net) Wednesday Aug 3, 2022. If there has been one cryptocurrency that has taken the market by surprise over the last 24 hours, it’s Monero [XMR]. In a market where top coins, including Bitcoin [BTC] and Ethereum [ETH], have dropped in price, XMR has increased. At press…

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Business & Economy, cryptocurrency, monero (XMR), Surveillance & Privacy

Monero defies crypto market slump, steals show #XMR #newsSummary

April 12, 2022July 3, 2023 CorruptionLedger No Comments

Positive content published on the private Monero / XMR cryptocurrency was once hard to come by, what with all the focus on crime and money laundering. It’s worth noting that Monero is a private currency for regular people who value the fundamental right to privacy. We archived some of the positive sources, as such articles…

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Business & Economy, cryptocurrency, Ledger of Lies, Misinformation, monero (XMR)

Is OKX/OKEX Exchange selling imaginary crypto?

March 26, 2022May 21, 2023 5amResearch No Comments

OKX was founded in 2017 and is headquartered in Seychelles (East Africa), per Investopedia and other sources. “The site claims over 20 million users in more than 100 countries.” An issue of concern for the company is “low liquidity for certain currencies.” Investopedia’s verdict is that “due to some inconsistencies, unclear information, and past customer…

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Business & Economy, cryptocurrency, Investigations, monero (XMR)