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Netflix orders documentary sequence about alleged scheme to launder billions of {dollars} in cryptocurrency: Crypto Strikes

RIYADH: American subscription streaming service, Netflix has ordered a documentary sequence a few couple’s alleged scheme to launder billions of {dollars} price of stolen cryptocurrency within the greatest legal monetary crime case in historical past.

The corporate indicated that Chris Smith, who is known for guiding The Biggest Celebration That By no means Occurred and Tiger King, is about to direct and govt produce the Bitfinex documentary sequence.

Will probably be concerning the couple who allegedly laundered greater than $four billion price of bitcoin from a 2016 hack of crypto trade Bitfinex, Bitcoin.com reported.

“Ilya ‘Dutch’ Lichtenstein and Heather Morgan had been arrested of their New York Metropolis residence on Tuesday, February 8, and now face prices of conspiring to launder almost 120,000 bitcoin tied to the 2016 hack of a digital forex trade.”

Every day buying and selling

Bitcoin, the main cryptocurrency internationally, traded barely larger on Sunday, elevating by 0.33 p.c to $42,379 at 1:38 p.m. Riyadh time.

Ether, the second most traded cryptocurrency, was priced at $2,921, up by 0.22 p.c, in keeping with information from Coindesk.

Different information:

The Hungarian Nationwide Financial institution, the central financial institution of Hungary, printed an announcement on Friday by its governor Gyorgy Matolcsy, declaring that the time has come to ban cryptocurrencies buying and selling and mining within the EU.

“It’s clear-cut that cryptocurrencies may service unlawful actions and have a tendency to construct up monetary pyramids,” Matolcsy mentioned.

The governor added that the Russian Central Financial institution was proper in saying that the fast development and market worth of cryptocurrencies are decided primarily by speculative demand for future development, which ends up in bubbles.

“I completely agree with the proposal and likewise assist the senior EU monetary regulator’s level that the EU ought to ban the mining methodology used to provide new bitcoin,” he mentioned.

Russia’s central financial institution proposed in January to outlaw all cryptocurrency operations within the nation, in keeping with Bitcoin.com

Nevertheless, the crypto ban proposal by the central financial institution was met with opposition because the Russian authorities, parliament, and even legislation enforcement departments are reportedly not prepared to again the proposal.

Final week, the Russian authorities accepted a plan to manage cryptocurrency.

 

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