Several high-profile footballers have been named in connection with an alleged $3.4 million cryptocurrency fraud case, a matter that has sent shockwaves through both the sports and crypto communities. The investigation, led by Spanish authorities, centers on a suspected Ponzi scheme that promised lucrative returns through cryptocurrency investments but ultimately ...
Spanish authorities have dismantled a sophisticated criminal network accused of orchestrating a global, AI-driven investment scam that defrauded over $20 million from at least 208 victims. According to an April 7 statement from the Spanish National Police, six individuals were arrested for their involvement in the elaborate scheme, which exploited ...
Spanish authorities, in collaboration with the T3 Financial Crime Unit, have frozen $26.4 million in cryptocurrency tied to a European money laundering network. The T3 Financial Crime Unit, a task force backed by TRON, Tether, and blockchain analytics firm TRM Labs, worked alongside Spain’s Guardia Civil to track down digital ...
Spain's top financial regulator, the National Securities Market Commission (CNMV), has taken action against Miolos Desarrollos S.L., a crypto firm, for violating the country's advertising and promotion rules related to cryptocurrencies. The CNMV announced these disciplinary proceedings through a press release published on November 8, 2023. Miolos is accused of ...
Popular cryptocurrency exchange Kraken has marked a significant stride in its European expansion drive. On September 26, 2023, the exchange announced that it had secured licencing approvals from the Central Bank of Ireland and the Bank of Spain. These authorizations grant Kraken new capabilities and access within the European Union ...
Crypto.com has obtained regulatory approval from the Bank of Spain to operate as a virtual asset service provider in the country. This licence enables Crypto.com to offer a wide range of cryptocurrency-focused services to clients in Spain. In order to obtain this approval, Crypto.com underwent a thorough assessment to ensure ...
The Spanish Tax Administration Agency (AEAT) has announced its intention to amplify its efforts to collect taxes from cryptocurrency holders in Spain. Specifically, the agency plans to send out 328,000 notices in the upcoming fiscal year of 2022 to individuals who are required to pay taxes on their cryptocurrency holdings. ...
