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  • NFTs seized by UK tax authorities for the first time

    • February 15, 2022
    • Posted by: MasterAdmin
    • Category: Altcoins
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    Illustration by Alex Castro / The Verge

    The UK’s tax department, Her Majesty’s Revenue and Customs (HMRC), says it’s the first authority in the country to seize an NFT, BBC News reports. The seizure was made as part of a £1.4 million (roughly $1.9 million) fraud case, in which three individuals have been arrested. The authority seized £5,000 worth of crypto assets (around $6,762) alongside three NFT artworks which have yet to be valued.…

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  • Netflix orders docuseries on crypto laundering couple

    • February 14, 2022
    • Posted by: MasterAdmin
    • Category: Cryptocurrency
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    Heather Morgan, aka Razzlekhan, was arrested with her husband for allegedly laundering $4.5 billion worth of Bitcoin. | Image: Razzlekhan

    Netflix is gearing up to create a documentary series about the couple who allegedly laundered $4.5 billion worth of stolen Bitcoin (via Variety). This comes just days after Ilya Lichtenstein and Heather Morgan were arrested in connection with the crimes — and not long after many of us (regrettably) became aware of Morgan’s rapping alter-ego, Razzlekhan, aka the “Crocodile of Wall Street.”…

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  • Tesla holds $2 billion worth of Bitcoin

    • February 8, 2022
    • Posted by: MasterAdmin
    • Category: Altcoins
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    You can’t buy a Tesla car with bitcoins anymore, but Tesla is still hodling bitcoins.

    According to a new SEC filing, Tesla’s Bitcoin holdings have been worth $1.99 billion as of Dec. 31, 2021.

    In the filing, the company says it invested roughly $1.5 billion in Bitcoin in 2021. The company recorded $101 million of impairment loss on its Bitcoin holdings, but it also realized gains of $128 billion from selling a portion of its bitcoins in March 2021.…

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  • THE FED JUST FLIPPED | Major Changes Explained

    • January 28, 2022
    • Posted by: MasterAdmin
    • Category: Altcoins
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