Tags: Estonia

Ivan Turogin and Sergei Potapenko are suspected in a $575 million fraud case, but they can’t be exposed to U.S. detention conditions.

The Estonia-based firm noted that only one plaintiff in the class action lawsuit is actually based in Colorado where the suit was filed.

Estonian Crypto Firms Engage in ‘Massive-Scale’ Fraud and Aid Russia Evade Sanctions: Report

A crypto exchange claiming $1.7 billion in daily trades, and reporting $1.4 billion on CMC, had been reportedly displaying false license data until it was checked by Estonian regulators.

Hackers attempted to infiltrate CoinsPaid infrastructure directly starting in March 2023, but switched their approach to targeting individuals through fake high-salary job offers.

EU ‘Understands the Benefits of Having One Crypto Market’, Says Blocktrade CEO Christian Niedermüller

80 Drop in No. of Licensed Estonian Crypto Firms – What’s Caused the Fall?

Estonia’s money laundering regulator highlighted a number of issues it found within local crypto firms, such as dodgy execs and nonsensical business plans.

Matis Mäeker has said the new law will professionalize the crypto sector. (Estonian FIU)

Bit4You suspended operations on April 26 amid CoinLoan insolvency investigation by Estonian regulators.

(Claudio Divizia/Shutterstock)

A bitter dispute between Paxful‘s co-founders in Delaware courts may have led to the crypto marketplace‘s sudden closure.