Kazakhstan’s financial watchdog investigates crypto mining hotel suspected of being a Ponzi scheme.
Authorities in Kazakhstan have launched an investigation into a mining hotel business suspected of being a crypto pyramid as part of an ongoing crackdown on illegal activities linked to cryptocurrencies. The platform, called Bincloud, lured investors through popular messaging apps.Amid intensified efforts to fight crypto-related fraud, Kazakhstan’s Financial Monitoring Agency has initiated a pre-trial investigation into a crypto mining business allegedly working as a financial pyramid scheme.
The people behind the Bincloud mining hotel were recruiting investors through the Whatsapp and Telegram messengers, convincing them to put money into the project offering mining equipment rental. As a reward, they were promised to get back 5 to 6% of the invested amount daily.detailed. Kazakhstan’s financial regulators are urging victims of the suspected Ponzi scheme to contact the regional departments of the Financial Monitoring Agency and report about their cases.
The Bincloud investigation comes as part of a government offensive against crime involving cryptocurrencies. Kazakhstan’s police recentlya gang, the members of which allegedly forced IT specialists to run underground crypto farms on their behalf. The illegal mining operation brought its organizers an estimated half a million U.S. dollars in monthly income. Media reports have suggested that, just like other, similar undertakings, the crime group could not have acted without protection or some affiliation with high-ranking officials or businessmen.Maintaining artificially low electricity rates, Kazakhstan became a magnet for crypto mining enterprises when China cracked down on the industry in May, 2021.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Cipher Mining Lowers Per-Terahash Cost of Mining Rigs Even as Quarterly Loss WidensBitcoin miner CipherInc reported a widened loss in the second quarter, but managed to bring down its per-terahash cost of mining rigs. egreechee reports
Consulte Mais informação »
CleanSpark to Divest From Energy Holdings to Focus on Bitcoin Mining.CleanSpark_Inc is selling off its energy business to focus on bitcoin mining as it sets itself the goal of running 22.4 EH/s of computing power by the end of 2023. $CLSK egreechee reports
Consulte Mais informação »
Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of Capacity – Mining Bitcoin NewsThe bitcoin mining company Cleanspark announced it acquired a plug-in-ready bitcoin mining facility that is scalable to 86 megawatts (MW).
Consulte Mais informação »
Iris Energy Turns On 41MW of Bitcoin Mining Machines Ahead of Schedule.irisenergyco doubled its operating hashrate to 2.3 EH/s after completing a bitcoin mining facility in British Columbia, Canada ahead of schedule. egreechee reports
Consulte Mais informação »
Bitcoin mining stock report: Monday, August 8Here's how crypto mining companies performed on Monday, August 8.
Consulte Mais informação »
Marathon Digital Posts Negative Q2 Results, but Increases Bitcoin Production 8% YoY – Mining Bitcoin NewsIn the recent earnings call, Marathon Digital posted negative results, reporting an impairment of $127.6 million due to the fall in bitcoin prices.
Consulte Mais informação »