Bitcointalk username: TrevorS
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=357351
Rank: Sr. member
Current Post count: 1289
ETH (BEP20 - BSC - Binance Smart chain) address: 0xc2f1617286d09eaFA50025D23cb2b227FB153436

It all depends on what is in the country. These can be resources, first of all, these are always resources. They can be physical, such as oil, gas, and so on. Or they may be intelligent.
The most developed countries are rich in both. Look at the United States, the whole world depends to some extent on them.

It's funny that scammers began to use workarounds in the form of user tweets confirming the receipt of some kind of awards. This is ridiculous.
But, slyly. After all, the link leads to change.org, and at first glance looks like a celebration of life. I hope no one believed in this scam and paid the scammers a cent. 2020 is still, it's time to stop donating scammers.

Tax authority HMRC confirms data collection from Coinbase, exchange says less than 3% of U.K. customers impacted

H.M. Revenue & Customs (HMRC), the British tax authority, has confirmed to The Block that it has sought customer information from Coinbase U.K. and other crypto platforms searching for tax evaders.

“We want to help people get their tax affairs right and believe that taxpayers want to get it right,” an HMRC spokesperson told The Block. “HMRC regularly gathers data from a range of information sources using powers provided by Parliament. Data collected by HMRC is used to improve the integrity of the tax system and to identify those that have failed to declare their gains.”

A spokesperson of Coinbase also confirmed the development, telling The Block that HMRC contacted the exchange in September 2019 requesting information about U.K. customers.

“These requests are commonplace for financial services companies. Through a series of constructive conversations with HMRC, we agreed upon on a more limited and focused disclosure, eventually narrowing it down to customers with a U.K. address who received more than £5,000 worth of crypto assets in their Coinbase account during the tax year of 2019/20,” said the spokesperson.

They went on to say that the development would affect less than 3% of Coinbase’s customers in the U.K.

https://www.theblockcrypto.com/post/79722/uk-hmrc-coinbase-tax-data-customers

On Twitter, there are messages from users who say that Elon Musk sent them twice the amount of BTC.
Be careful. And remember that Elon Musk loves Dodgecoin first and foremost.



Also, by clicking on the link, you can see the "classic" text of the following content.

What Happened:  Plagiarism of white paper.

flag:

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ANN Thread BitCashPay: [ANN][PRESALE]BitCashPay -The Blockchain Solution for Every Cashless Transaction
Archived : https://web.archive.org/web/20200930200922/https://bitcointalk.org/index.php?topic=5279186.msg55289628[/url]
User : Bitcashpay

Homepage BitCashPay: https://bitcashpay.net
Archived Homepage : https://archive.fo/wip/8t6aN

Whitepaper : https://cdn.bitcashpay.net/bitcashpay-whitepaper.pdf
Whitepaper archive: https://web.archive.org/web/20200930200807/https://cdn.bitcashpay.net/bitcashpay-whitepaper.pdf

Bounty Thread : [BOUNTY] BitCashPay - $1,000,000 worth of BCP!!
Bounty Thread archive: https://web.archive.org/web/20200930202255/https://bitcointalk.org/index.php?topic=5279211.new
User : Bitcashpay


BitCashPay

iotex


BitCashPay

iotex


BitCashPay

iotex

What Happened:  Plagiarism of white paper.

flag:

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Thread BitCashPay: [ANN][PRESALE]BitCashPay -The Blockchain Solution for Every Cashless Transaction
Archived : https://web.archive.org/web/20200930200922/https://bitcointalk.org/index.php?topic=5279186.msg55289628[/url]
User : Bitcashpay

Homepage BitCashPay: https://bitcashpay.net
Archived Homepage : https://archive.fo/wip/8t6aN

Whitepaper : https://cdn.bitcashpay.net/bitcashpay-whitepaper.pdf
Whitepaper archive: https://web.archive.org/web/20200930200807/https://cdn.bitcashpay.net/bitcashpay-whitepaper.pdf

Bounty Thread : [ANN] [BOUNTY] BitCashPay - $1,000,000 worth of BCP!!
Bounty Thread archive: https://web.archive.org/web/20200930202255/https://bitcointalk.org/index.php?topic=5279211.new
User : Bitcashpay


BitCashPay

iotex


BitCashPay

iotex


BitCashPay

iotex

A Florida businessman has been charged with scamming investors through a $6.8 million digital asset trading scheme, the Securities and Exchange Commission announced on Tuesday.

According to the court complaint filed in federal court in Miami, Thomas J. Gity allegedly received funding from at least 18 investors by pretending to be a "high-profitable asset trader who never lost money during a trading day." Gity was accused of providing fake account statements to investors to trick them into thinking he was managing as much as $100 million in assets.

Per the complaint, Gity told investors he would use their funding to trade digital assets, but only transferred $970,000 of the $6.8 million he received into trading accounts. Gity allegedly transferred over $1.8 million of the funds to his son and for personal expenses and gambling.

Gity is facing charges for violating multiple securities laws, including the Securities Exchange Act of 1934. The SEC is seeking a civil penalty and is moving to prevent Gity from taking part in securities offerings.

https://www.theblockcrypto.com/linked/79313/florida-sec-crypto-trading-lawsuit

The terror financing ring reportedly bought cryptocurrency coupons in licensed tobacco shops across France.

A large goup of accomplaces allegedly financing a jihadist network in Syria have been arrested after a sting operation by French police — despite choosing cryptocurrency coupons in an attempt to cover their tracks.

In a statement, police said that "constant surveillance of these networks prompted terrorist organisations to seek more opacity by using cryptocurrencies such as Bitcoin," as reported on Sept. 30.

Since 2019, the 29 accomplices have allegedly been supporting the operations of an  Al-Qaeda affiliate terror organization, called “Hayat Tahrir Al-Sham.”

The network’s architects are reportedly two French jihadists in their mid-20s, who are both thought to be in northeastern Syria at present. Both were sentenced to 10 years in prison in absentia in 2016.

The 29 members of the network were busted after being caught purchasing cryptocurrency coupons worth between 10 and 150 euros each ($12–$176) on multiple occasions in recent months from tobacco outlets across France.

https://cointelegraph.com/news/french-police-arrest-terror-financing-ring-that-used-bitcoin-coupons

The top U.S. financial watchdog has ordered Salt Lending to offer investors refunds for its 2017 initial coin offering (ICO).

The Securities and Exchange Commission (SEC) told Salt Blockchain Inc., the owner of the lending platform that offers dollar-denominated loans collateralized by cryptocurrencies, it had 14 days to begin the process of offering refunds to investors.

In a public letter, the SEC said Salt's ICO violated securities regulations by not registering the sale beforehand.
The SEC said the token counted as a security because Salt told investors they could expect to make a return on their investment.

Investors will have three months to submit a claim to Salt, who will be obligated to pay back their investment along with any agreed interest.
Salt has agreed to settle the action and will pay a $250,000 civil penalty to the Commission in the next 10 days.

The lending platform has also agreed to register its SALT tokens – currently trading at $0.05 – as securities with the SEC.
The settlement means Salt will not have to agree or deny the Commission's findings.

https://www.coindesk.com/sec-orders-salt-lending-to-refund-investors-in-its-50m-ico?amp=1

Application for signature bounty:

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=357351;sa=summary
Rank: Hero
Current amount of posts: 1280
Merit: 376

The Filecoin $205 million ICO project has finally set a launch date after the first one was delayed because of the ongoing COVID19 pandemic. In our latest altcoin news, we can see that that now there’s a new launch date.

Filecoin will finally launch after a few years of delay and aims to become a decentralized “Dropbox” but its creator’s Protocol Labs will have to fend off the miner mutiny and have to deal with competitors on the market. The file hosting protocol Filecoin has finally set a launch date for the mainnet and it will now go live at block 148,888 which should be on October 15. The data which was announced yesterday comes after three years of Protocol Labs raising the Filecoin $205 million ICO for the project.

https://www.dcforecasts.com/altcoin-news/filecoin-205-million-ico-project-finally-sets-launch-date/

New Zealand’s tax agency has requested that crypto firms in the country share their customers’ personal details and cryptocurrency asset values.

According to a statement from the Inland Revenue Department (IRD) issued to Radio New Zealand, the agency has requested this information in order to enhance its understanding of the crypto-asset environment in the country, so that it can know how best to help taxpayers meet income tax obligations.

The move comes at a time when tax regulators around the world are tightening their grip on the cryptocurrency market.

Janine Grainger, chief executive of New-Zealand-based Easy Crypto, told Radio New Zealand that the IRD must be widening its net of the tax base because crypto-asset ownership is growing in New Zealand. Grainger called the move a “heartbreaking” breach of privacy and autonomy.

https://www.theblockcrypto.com/linked/79008/new-zealands-tax-authority-asks-crypto-firms-to-turn-over-customer-info

Until the hype around Kucoin subsided, the hacker moved some of the bitcoins, as you can see in the screenshot how they are distributed.



https://bitaps.com/48898311016b2001e87a71478f625109e322e9282b72ac19bde17f049501eed4/1NRsEQRg5EjmJHbPUX7YADVPcPzCQBkyU7

A new version of the "Cerberus" Android banking trojan will be able to steal one-time codes generated by the Google Authenticator app and bypass 2FA-protected accounts.

Security researchers say that an Android malware strain can now extract and steal one-time passcodes (OTP) generated through Google Authenticator, a mobile app that's used as a two-factor authentication (2FA) layer for many online accounts.

Google launched the Authenticator mobile app in 2010. The app works by generating six to eight-digits-long unique codes that users must enter in login forms while trying to access online accounts.

Google launched Authenticator as an alternative to SMS-based one-time passcodes. Because Google Authenticator codes are generated on a user's smartphone and never travel through insecure mobile networks, online accounts who use Authenticator codes as 2FA layers are

https://www.zdnet.com/article/android-malware-can-steal-google-authenticator-2fa-codes/?&web_view=true

CFTC-registered crypto exchanges? A new bill proposes a voluntary path for that

New legislation has been proposed that, if passed, would create an opt-in pathway to regulate U.S. cryptocurrency exchanges under a new, national-level framework.

The Digital Commodity Exchange Act (DCEA) endeavors to “regulate the trading venues which list emerging digital commodities, such as Bitcoin, Ether, their forks, and other similar digital assets, for trading.” The wide-ranging legislation — introduced by Representative Michael Conaway — is the first of its kind to emerge from Congress, which to date has largely focused on adding definitions for digital assets to the federal code.

At the center of the bill is a proposed designation for crypto exchanges: a registered Digital Commodity Exchange, or DCE. Under the auspices of the Commodity Futures Trading Commission (CFTC), such a designation would exist alongside classifications for Swap Execution Facilities and Designation Contract Markets. What’s more, the designation would offer an alternative to the state-by-state, money transmitter-centric approach that prevails today. The CFTC has considered cryptocurrencies like bitcoin to be commodities since 2015.

The bill outlines how such exchanges would be required to have safeguard measures in place, shielding customers from potential harm and manipulation on their trading venues. It also includes language about information reporting requirements for DCEs and procedures for a potential wind-down, including how much financial resources a DCE must have on hand at a given time.

On the question of asset custody, the bill also provides for certain firms to be designated “Qualified Digital Commodity Custodians,” for which the CFTC would “set minimum standards for supervision and regulation a regulator would have to impose for an entity regulated under the regime to be deemed ‘qualified.”

In sum, Conaway’s bill attempts to cast a wide net and, if successful, would represent a novel framework and provide the kind of regulatory clarity that many U.S. crypto businesses have long sought.

https://www.theblockcrypto.com/post/78723/cftc-crypto-exchanges-congress-bill

European Commission officially proposes regulatory framework for crypto-assets and stablecoins

The European Commission has today officially proposed a regulatory framework for crypto-assets and stablecoins after a leaked draft proposal went viral last week.

The 168-page official draft proposal (provisional), published Thursday, highlights the need for a "sound" legal framework, clearly defining the regulatory treatment of all crypto-assets that are not covered by existing EU financial services legislation.

Crypto assets, especially stablecoins, have the potential to become widely accepted, said the commission. Hence, they would be subject to "more stringent requirements" regarding capital, investor rights, and supervision. The proposal is in line with the leaked version from last week.

The commission has today proposed a "bespoke" regime for crypto-assets and stablecoins. "The bespoke regime for crypto-assets will ensure a high level of consumer and investor protection and market integrity, by regulating the main activities related to crypto-assets," said the commission. The main activities include such as crypto exchange and wallet services.

https://www.theblockcrypto.com/post/78713/european-commission-official-proposal-regulation-crypto-assets-stablecoins

South Korean police summon Bithumb chairman for alleged fraud

The Seoul Metropolitan Police Agency has reportedly summoned Lee Jung Hoon, the chairman of Bithumb, for alleged fraud.

South Korea's state-run news agency Yonhap reported Friday, saying that Lee, 44, is under investigation by the police. Lee is accused of pre-selling Bithumb's native BXA tokens worth about 30 billion won (~$25 million) to investors and then not listing the token, which has allegedly led to investors' losses.

Bithumb once issued BXA tokens concerning its acquisition by Singapore based BK Group, but that deal didn't materialize. Lee is also charged with evading property abroad.

BK Group chairman Kim Byung-Gun, 57, is also accused of the alleged fraud, but he is reportedly not under police investigation.

The summon follows two police raids on Bithumb in recent weeks. On Wednesday, the Seoul Central District Court is said to have also seized Kim's shares in Bithumb. Accounting giant Samjong KPMG reportedly oversaw the seizure.

https://www.theblockcrypto.com/linked/78131/police-summon-bithumb-chairman-alleged-fraud