According to a house listing from Dallas, Texas, a crypto mining house is for sale in a residential neighborhood. The brick home is equipped with all the necessary supplies to start a data center, including a fully integrated liquid immersion system. High-Tech Crypto Mining Home for Sale in Dallas Neighborhood A newly listed home on […]
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Report: Russian Authorities Propose Steep Fines for Crypto Miners Operating in Residential Apartments
Russian authorities have reportedly proposed to impose hefty fines on suspected crypto miners operating from residential properties. Authorities may also consider including amendments to the Code of Administrative Offenses which imposes liability on those misusing electricity. Proposed Measures Aimed at Curbing Rising Power Outage Cases Authorities in Russia have signaled their intention to pursue private […]
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New Zealand Police Seize Residential Property and Cash Owned by Fugitive Former Luxembourg Spy and Onecoin Adviser
A residential property in Wellington, New Zealand and more than 2,000 belonging to an adviser of Onecoin mastermind Ruja Ignatova was recently seized by the police. Detective Inspector Christiaan Barnard said his organization has no reason to believe that Onecoin masterminds are hiding in New Zealand.
Property Purchased by Third Party
The police in New Zealand have reportedly seized a residential property and more than 2,000 in cash, both of which allegedly belonged to Frank Schneider, the fugitive adviser to the Onecoin mastermind Ruja Ignatova. According to the police, the seized assets might be proceeds of a global Ponzi scheme.
A report in The Post states that Schneider, a Luxembourg national, may have purchased the residential property through a third party. The money used to buy the property is thought to have been sent to the unnamed individual sometime between 2018 and 2020.
After his arrest by the French police in April 2021, Schneider reportedly spent seven months in prison before being released under house arrest. In August, while awaiting his extradition to the U.S., where he faced the prospect of 40 years in jail, he reportedly claimed in a podcast that he would not get a fair trial in that country.
Schneider cited the cost of litigation as well as the so-called plea bargain system commonly employed by U.S. prosecutors. However, just a year after vowing to fight his extradition, Schneider disappeared even though he was wearing an ankle tag.
Onecoin Masterminds Are Not Hiding in New Zealand
Meanwhile, in his remarks following the New Zealand police’s seizure of the assets, Detective Inspector Christiaan Barnard, said:
The New Zealand Police will continue to work with our international partners to ensure that New Zealand’s financial system is not abused to hide illicit income.
The detective inspector added that his organization has no reason to believe that Onecoin masterminds are hiding in New Zealand. According to the report, the New Zealand police are now seeking to forfeit the seized assets.
What are your thoughts on this story? Let us know what you think in the comments section below.
Russia Might Enforce Ban on Bitcoin Mining in Residential Places
The relationship between Russia and cryptocurrency continues to evolve in different manners. It appears there is now a proposal on the table to ban Bitcoin mining in residential areas. Assuming there is any truth to this concept, things aren’t looking great for cryptocurrency miners in the country. Any apartment or flat housing a Bitcoin mining … Continue reading Russia Might Enforce Ban on Bitcoin Mining in Residential Places
The post Russia Might Enforce Ban on Bitcoin Mining in Residential Places appeared first on NEWSBTC.
Russia Might Enforce Ban on Bitcoin Mining in Residential Places
The relationship between Russia and cryptocurrency continues to evolve in different manners. It appears there is now a proposal on the table to ban Bitcoin mining in residential areas. Assuming there is any truth to this concept, things aren’t looking great for cryptocurrency miners in the country. Any apartment or flat housing a Bitcoin mining … Continue reading Russia Might Enforce Ban on Bitcoin Mining in Residential Places
The post Russia Might Enforce Ban on Bitcoin Mining in Residential Places appeared first on NEWSBTC.
Russia May Ban Bitcoin Mining In Residential Homes Over Electricity Costs, Heating
n n n n Bitcoin mining is under attack again in Russia.n
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