Sentences with phrase «in illegal transactions»

Joining the general chorus of voices critical of digital currencies, Facebook has removed bitcoin and other cryptocurrency ads from its sites after critics said that criminals and rogue states were using digital money in illegal transactions.

You've probably heard that Bitcoin is used in illegal transactions, and the name «cryptocurrency» can be easily twisted.

He took to his Twitter handle on Wednesday to warn commercial banks against engaging in any illegal transactions with the state government.

Okonkwo got enmeshed in an illegal transaction having received $ 115 million in deposits to the bank from former Petroleum Resources Minister, Diezani Allison - Madueke, and allegedly helped to disburse money from this to electoral officials two days before the last general elections.

If you have been accused of being involved with transporting illegal narcotics, importing drugs or engaging in an illegal transaction involving drugs, or being in possession of drugs for the intent of trafficking, then you need a strong defence team with a proven record of success.

Not exact matches

The security breach comes two months after Bitfinex was ordered to pay a $ 75,000 fine by the U.S. Commodity and Futures Trading Commission in part for offering illegal off - exchange financed commodity transactions in bitcoin and other digital currencies.

«When thought of purely as a payment instrument, it seems more likely to be attractive to those who want to make transactions in the black or illegal economy, rather than everyday transactions,» Governor Philip Lowe said in a speech in Sydney Wednesday.

ROME (AP)-- Italian authorities detained 38 people in a crackdown on a migrant trafficking ring that used a Rome cosmetics shop as a base for illegal financial transactions, officials said Monday.

Namely, that the cryptocurrencies don't reveal the name of their holders in the way a credit card statement might — making it easier for illegal transactions to fly under the radar.

While bitcoin has been associated with illicit transactions, estimates of the proportion of the digital currency used in illegal activities vary.

Shone Anstey, the co-founder and president of Blockchain Intelligence Group, gauged that the level of illegal transactions in bitcoin had fallen to 20 percent in 2016 and was «significantly less than that» in 2017.

In June 2016 the CFTC fined Bitfinex $ 75,000 for offering «illegal» cryptocurrency transactions and failing to register as a futures commission merchant.

This would allow police to «identify suspicious transactions in close to real time» and «give law enforcement a leg up in acting fast to stop illegal transactions,» she wrote.

Officials with the Alabama Securities Commission said according to the indictment, Powell participated in illegal securities transactions by selling promissory notes and misappropriating the investment funds...

Coin.mx sold Bitcoins that were used in illegal online transactions and as payment in ransomware attacks.

According to recent reports, Intelligence Agencies in India have just issued an official report stating that virtual currencies such as Bitcoin can be used for the funding of illegal activities, by people who also move their funds through hawala transactions.

Reports from state - owned media sources in China on January 19, 2018, indicate that a circular, titled «Notice Concerning the Self - examination and Rectification of Providing Payment Services for Illegal Virtual Currency Transactions,» was released online.

To circumvent the law (gambling is illegal in China) people were using play money poker sites to set up real money games using play money in exchange for fiat currency transactions away from the tables.

But in 1990, the Lake Michigan Federation convinced a federal judge that the state's sale of 18 acres of lake bottom to Loyola was illegal because the transaction would benefit a private interest rather than the public.

A federal prosecutor accused New York's former assembly speaker, Sheldon Silver, today of taking millions of dollars in legal fees as bribes, while a defense lawyer insisted there was nothing illegal about the transactions.

NEW YORK (AP)-- A federal prosecutor accused New York's former assembly speaker on Monday of taking millions of dollars in legal fees as bribes, while a defense lawyer insisted there was nothing illegal about the transactions.

A federal prosecutor accused New York's former assembly speaker on Monday of taking millions of dollars in legal fees as bribes, while a defense lawyer insisted there was nothing illegal about the transactions.

SILVER was found guilty by a unanimous jury on November 30, 2015, of two counts of honest services wire fraud, two counts of honest services mail fraud, two counts of extortion under color of official right, and one count of engaging in illegal monetary transactions.

Unsurprisingly, as another source of cash, school officials also made it clear they are eyeing the unprecedented $ 5.1 billion windfall the state has collected from major New York - based banks that have admitted to engaging in illegal foreign transactions.

It is however praying the court to declare the transaction between BOST, Movepinaa and Zup Oil as «illegal, unlawful and in clear violation of Section 16 (2)(c) of the Public Procurement Act, 2003 (Act 663) as amended by the Public Procurement (Amendment) Act, 2016 (Act 914).»

Dr. Sergey Piontkovski, a marine biologist from Ukraine, was accused of revealing state secrets for publishing his unclassified research on plankton and illegal currency transactions for accepting grants from foreign funding organizations in October 1999.

After they establish some correspondence with your dating site members, they will either ask for financial help, or try to use your members to help them in risky illegal financial transactions.

As a primer, the Equal Credit Opportunity Act makes it illegal for a creditor to discriminate in any credit transaction against any applicant because of race; color; religion; national origin; gender; marital status; age and more.

We may, but are not required to, decline a transaction on your Account for any of the following reasons: (A) because of operational considerations, (B) because your Account is in default, (C) if we suspect fraudulent or unlawful activity, (D) we reasonably believe a transaction may be challenged as illegal under state or federal law (such as casino gambling on the Internet), or (E) in our discretion, for any other reason.

In law such rules are known as Bright Line Rules: rather than 20 million words of tax law, you simply declare «any financial transaction whose only conceivable motivation is the avoidance of tax is by definition illegal».

Even if you use your card for an illegal transaction, you will be responsible for all amounts and charges incurred in connection with the transaction.

We reserve the right to deny transactions or authorizations from merchants that appear to be engaged in illegal activities.

While this activity is not illegal and there are no current restrictions against the practice, we are in the process of gathering more information about these transactions.

Michele Lazarow — a Hallandale Beach city commissioner and activist who has helped pass numerous laws across Florida preventing pet stories from selling dogs that come from puppy mills — recounts the dreadful experience she had in 2004 after buying her dog, Alfie, from a pet store, which misrepresented where the dog had come from, thereby launching Lazarow on the path of crusader to make such transactions illegal.

If a court of competent jurisdiction determines that any term or provision of these Terms and Conditions is invalid, illegal, or incapable of being enforced, all other terms and provisions of these Terms and Conditions shall remain in full force and effect so long as the economic or legal substance of the transactions contemplated herein is not affected in a manner that is materially adverse to either party to the Terms and Conditions.

In money laundering, cash from illegal origins (such as smuggling narcotics) is fed into a business that then repays the money back to the criminal as a salary or consulting fee or some other type of seemingly legitimate transaction.

The general partner is held liable for any business transactions that were handled in an illegal manner.

In its own statement, Eni «reaffirmed its confidence that the company was not involved in alleged corrupt activities in relation to the transaction», following «independent advisors» investigations» and expressed «its full confidence that chief executive Claudio Descalzi was not involved in the alleged illegal conduct»In its own statement, Eni «reaffirmed its confidence that the company was not involved in alleged corrupt activities in relation to the transaction», following «independent advisors» investigations» and expressed «its full confidence that chief executive Claudio Descalzi was not involved in the alleged illegal conduct»in alleged corrupt activities in relation to the transaction», following «independent advisors» investigations» and expressed «its full confidence that chief executive Claudio Descalzi was not involved in the alleged illegal conduct»in relation to the transaction», following «independent advisors» investigations» and expressed «its full confidence that chief executive Claudio Descalzi was not involved in the alleged illegal conduct»in the alleged illegal conduct».

It is illegal to knowingly filter illegally obtained money through a series of legitimate transactions in an attempt to hide the original «dirty» source.

The jury verdict against Collins crosses the Rubicon in terms of the federal government's willingness to prosecute an outside deal lawyer for merely advising a client in regard to structuring transactions that are not intrinsically illegal.

As to if it is illegal gambling, that would depend on the law in the jurisdiction where it takes place: for an internet transaction this could be the jurisdiction of the website owner or the user or both.

Before accepting a retainer or during a retainer, if a lawyer has suspicions or doubts about whether he or she might be assisting a client in dishonesty, fraud, crime or illegal conduct, the lawyer should make reasonable inquiries to obtain information about the client and about the subject matter and objectives of the retainer, including verifying who are the legal or beneficial owners of property and business entities, verifying who has the control of business entities, and clarifying the nature and purpose of a complex or unusual transaction where the purpose is not clear.

In 2010, the Federal Reserve made it illegal for banks to automatically charge customers overdraft fees on debit - card and ATM transactions.

Funds invested into investment schemes involving digital tokens are prone to being misused for illegal activities due to the anonymity of transactions, and the ease with which large sums of monies may be raised in a short period of time.

Using bitcoin as a point of sale transaction token in Bali is illegal, as per regulatory action taken by policymakers in the region back in December 2017.

While the so - called Dark Net has more than often been associated with illegal activities like the underground online drug bazaar Silk Road and cryptocurrency transactions like Bitcoin BTCUSD, +0.21 % more mainstream internet users are becoming savvy in trying to minimize their digital footprint.

In a post, the two Chinese digital currency exchanges said halting the withdrawal feature was part of the decision to improve their anti-money laundering capabilities and prevent «illegal transactions.»

Gaurav feels that such cryptocurrencies are being increasingly used in fostering speculative transactions and illegal money laundering.

The obligatory reporting of transactions suspected to be part of money laundering and drug trafficking was also made part of the legislation in an effort to crack down on use of cryptocurrency as a medium to facilitate illegal financial activities.

FM @arunjaitley in his budget speech declared #CryotoCurrency is Illegal in India, Govt will take action against such Cryptocurrencies transactions