DEA Veteran Accused of Betrayal, Laundering Cartel Drug Proceeds via Crypto
A former high-ranking Drug Enforcement Administration official has been indicted in Manhattan for allegedly conspiring to launder millions of dollars…
Tag: Proceeds
Profits from fraudulently inflated shares qualify as proceeds of crime: Delhi HC
Profits derived from trading stock market shares, whose value was fraudulently inflated, constitute “proceeds of crime” under the Prevention of…
Powell indicates conditions ‘may warrant’ interest rate cuts as Fed proceeds ‘carefully’
Federal Reserve Chair Jerome Powell on Friday gave a tepid indication of possible interest rate cuts ahead as he noted…
Crypto Platform Bullish (BLSH) Takes IPO Proceeds in USDC, Ripple USD and Other Stablecoins
The crypto platform Bullish (BLSH), the owner of CoinDesk, said it received $1.15 billion in proceeds from its initial public…
Michael Saylor's Strategy Makes Massive $2.4B Bitcoin Purchase With Preferred Stock Sale Proceeds
Strategy (MSTR), the largest corporate owner of bitcoin (BTC), said on Tuesday it has acquired roughly $2.4 billion worth of…
Bit Digital Goes All-in on Ethereum, Converts Bitcoin and Equity Proceeds Into ETH Holdings
Bit Digital has completed a sweeping pivot toward Ethereum, announcing it has fully transitioned its corporate treasury into ETH following…
Spanish Authorities Dismantle Crypto Investment Fraud Ring Which Laundered Over $500 Million in Illicit Proceeds
Europol has announced that the Spanish Guardia Civil, in collaboration with law enforcement agencies from Estonia, France, and the United…
SolarBank to Use Geddes Project Proceeds for Bitcoin Purchases
SolarBank Corporation (NASDAQ:SUUN) announced that it is beginning to carry out its recently announced Bitcoin treasury strategy, first disclosed on…
CATL’s Hong Kong Listing Proceeds Rise to $5.2 Billion After Greenshoe
Contemporary Amperex Technology Co. Ltd. has raised HK$41 billion ($5.2 billion) for its Hong Kong share sale after arrangers of…
MSTR’s STRK Issue Hits Record Proceeds, Has Topped BTC Price Gain, S&P 500 Since Debut
Disclaimer: The analyst who wrote this report owns shares of Strategy (MSTR). Strategy’s (MSTR) perpetual preferred stock, STRK, achieved the…