Jonathan Levy said: 'Huobi Global misled the French Police and claimed they were under the jurisdiction of Seychelles.' cryptocurrency exchange
Lawyer Accuses Huobi of Operating a Cryptocurrency Exchange That's 'Held Accountable Nowhere'
Houbi Global, which is based in Seychelles, has been accused by lawyer Jonathan Levy of operating without accountability to any jurisdiction. The lawyer adds that the exchange’s physical address in the island nation is for mailing purposes only.U.S.-based lawyer Jonathan Levy has accused Huobi cryptocurrency exchange of running a decentralized global operation that “operates everywhere but is held accountable nowhere.
Before the Chinese national’s disappearance along with the stolen funds, the unnamed victim had — with the aid of Ciphertrace — successfully located the fraudster’s account with Huobi. Based on the victim’s efforts, the French National police had opened an investigation as well as requested the cryptocurrency exchange’s assistance in recovering the funds.
Huobi Global misled the French Police and claimed they were under the jurisdiction of Seychelles. This delay allowed the criminal to escape with their loot. When the Seychelles Police finally investigated it was already too late and by their own admission, they lacked jurisdiction over the crime since Huobi’s presence in that island nation is just a mailing address.
Levy, meanwhile, points to this latest incident as another example of why authorities in Europe need to establish a crypto industry-funded “Superfund.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
New research expects a gloomy year for Bitcoin as DeFi and DAOs riseFollowing the Federal Reserve's and other central banks' tightening of liquidity measures, Huobi Research believes that Bitcoin will enter a bear market.
Leer más »
SEC rebuffs MicroStrategy's non-GAAP bitcoin accounting approach: reportReports on Friday evening indicate that the Securities and Exchange Commission is pushing back on MicroStrategy's approach to bitcoin accounting.
Leer más »
CoinDesk: Bitcoin, Ethereum, Crypto News and Price DataLeader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.
Leer más »
Former Fed Regulator Says Bitcoin Is ‘Absolutely a Tool for Social Justice’A former U.S. government regulator turned crypto adviser claims that Bitcoin is “absolutely a tool for social justice”. Speaking in an interview with Yahoo Finance, Charlene Fadirepo, a former audit manager at the Federal Reserve Board of Governors, said that Bitcoin is “absolutely a tool for...
Leer más »
There's No Such Thing as a Best Price in Bitcoin | HackerNoonYou spent most of 2021 waiting for the price to go up before you bought. As a result, your portfolio is down. How long do you want to repeat that pattern?
Leer más »
World’s Largest Asset Manager Blackrock Files for Blockchain Tech ETF – Blockchain Bitcoin NewsBlackrock has filed an application with the Securities and Exchange Commission (SEC) for a blockchain tech exchange-traded fund (ETF).
Leer más »