Search results for "RING"

BITGIN Goddess Suspected of Money Laundering NT$150 Million, Prosecutors Seek 12-Year Sentence

Taiwan cryptocurrency exchange BITGIN involved in money laundering case. Among 10 defendants, the core suspects are the Zhang siblings, allegedly using the exchange to cover for a fraud ring laundering 150 million Taiwan dollars. Defendants include a lawyer and the actual operator. The case involves multiple money flows and offshore accounts that hindered investigations. Zhang Yuting previously guided police in tracing cryptocurrency but ultimately became an accomplice to fraud. The case remains under trial.
TRX0,81%
MarketWhisper·03-18 03:44
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Currency Exchange Money Laundering 150 Million! Virtual Currency Goddess Siblings Face 12-Year Prison Sentence, Accomplice Lawyer Covers for Fraud Ring

Taiwan Coin exchange executives Zhang Yuting and his brother Zhang Hanson are accused of assisting a fraud ring in money laundering involving 150 million yuan, with prosecutors seeking a 12-year sentence. Related lawyers and other accomplices have also been indicted. The fraud ring utilized cryptocurrency methods to transfer funds and obstruct investigation. Zhang Yuting, once a cryptocurrency expert, ultimately became complicit in money laundering.
TRX0,81%
CryptoCity·03-17 02:21

No rush to ring the bell! Ripple reiterates no IPO plans for now, with sufficient cash on hand

Blockchain payment company Ripple President Monica Long stated that the company currently has no IPO plans and emphasized that Ripple's financial situation is stable. Rather than going public, the company prefers to expand through acquisitions and product development. During an interview with Bloomberg on Tuesday, Monica Long mentioned: "At this stage, we still plan to remain private. Typically, companies pursue an IPO to gain investor support or liquidity in the public market, but our current financial health is very strong. We are fully capable of continuing to fund and invest in the company's growth without going public." Ripple only completed a $5 billion private placement financing in November last year, with investors including Fortress Investment.
XRP-0,52%
区块客·01-08 09:10

No rush to ring the bell! Ripple reiterates no IPO plans for now, with sufficient cash on hand

Blockchain payment company Ripple President Monica Long stated that the company currently has no IPO plans and emphasized that Ripple's financial situation is stable. Rather than going public, the company prefers to expand through acquisitions and product development. During an interview with Bloomberg on Tuesday, Monica Long mentioned: "At this stage, we still plan to remain private. Typically, companies pursue an IPO to gain investor support or liquidity in the public market, but our current financial health is very strong. We are fully capable of continuing to fund and invest in the company's growth without going public." Ripple only completed a $5 billion private placement financing in November last year, with investors including Fortress Investment.
XRP-0,52%
区块客·01-07 09:00

Spain dismantles kidnapping and murder ring linked to crypto

Spanish police arrested five suspects and charged four others in connection to the kidnapping and murder of a man targeted for his cryptocurrency wealth. This case highlights a troubling rise in violent real-world attacks aimed at forcing victims to surrender crypto access.
TapChiBitcoin·2025-12-15 02:36

22-year-old pleads guilty to laundering money for $263 million crypto ring

Evan Tangeman, a key member of a $263 million cyber fraud ring, pleaded guilty to money laundering in a federal court. The ring, active from 2023 to 2025, stole approximately 4,100 BTC through various schemes and spent the proceeds on luxury goods. Tangeman faces sentencing on April 24, 2026.
BTC0,69%
TapChiBitcoin·2025-12-09 12:06