🎃 Another service for international payments turns into a pumpkin — Turkish Letim is closing down, and users are offered to withdraw or spend their money in advance.

Previously, we already wrote about services like "Pay Around the World" which ask for up to 25,000 rubles for card issuance — although the card itself is issued to drops through a Hong Kong company and gets blocked for any reason.

Friendly recommendation, try KAST – a neobank where you can issue a virtual Visa card in a couple of minutes, even with a Russian passport. FOR FREE.

@DeCenterOrg

🇨🇳 China seeks confiscation of 61,800 BTC in a $5.7 billion pyramid scheme case, which affected over 100,000 people.

The coins have already been seized in the UK, and now it remains to be decided who will get this fortune.

@DeCenterOrg

Russians, who account for a significant portion of cryptocurrency transactions on foreign exchanges, can TRANSFER so much crypto that sanctions will be useless — head of the expert center of the Association of Russian Banks for Digital Financial Assets.

@DeCenterOrg

🛁 Heatbit company showed a heating element for a water heater, which mines BTC, and uses the generated heat to warm water.

Bitwater is installed instead of a regular heater in a compatible electric water heater.

@DeCenterOrg

🚓 In a large-scale operation, Interpol and UAE authorities uncovered over $39 billion in fiat and cryptocurrency linked to fraudulent schemes.

30 countries and 13 companies joined the investigation — over 960 people were detained, raids were conducted in 29 fraud centers, and the billions discovered still need to be returned to the victims.

@DeCenterOrg

⚖️ Shareholder Circle sued Donald Trump and his crypto project World Liberty Financial, accusing them of illegal profit from deals with the UAE.

This concerns the sale of 49% of the project for $500 million and an investment of $2 billion in Binance via the USD1 stablecoin — the plaintiff believes that these operations violate the US Constitution and harm competitors.

@DeCenterOrg

🇨🇭 Switzerland approved the first spot Bitcoin ETF for retail investors — the BBIT fund will DIRECTLY own BTC, not derivatives.

Trading on the SIX exchange is planned to launch in November, and fund shares can be purchased through a regular brokerage account.

@DeCenterOrg

🚔 In the USA detained Russian Pavel Kulizhnikov, who is suspected of laundering drug cartel money and circumventing sanctions through cryptocurrency.

The criminal network exchanged cash for crypto via Telegram and could process up to $50 million per day, taking up to 8% commission for itself.

@DeCenterOrg

🍿 In New York, they are demanding to recover $1.37 billion from the founders of the crypto pyramid scheme NovaTech, who promised investors 2–4% profit per week and collected over $1 billion in cryptocurrency.

Less than $26 million went into actual trading, and old investors were paid from the money of new ones — after the project's collapse, tens of thousands of people were left without their savings.

@DeCenterOrg

🇨🇳 China plans by 2030 to complete the creation of a national blockchain network and expand the use of blockchain in trade, finance, manufacturing, and agriculture.

@DeCenterOrg