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Tag: embezzlement

Bank Reconciliation Statement: Definition, Purpose & Process

What is a Bank Reconciliation StatementBank reconciliation is the process that ensures that a company's recorded cash balances align with the funds in their...

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South Korean Prosecutors Arrest Haru Invest Executives Over Embezzlement Allegations (Report)

South Korean prosecutors revealed on Monday that they had apprehended and placed under custody three executives, including its two co-chief executive officers, from...

HaruInvest executives arrested in Korea after algo trading promised ‘zero’ drawdown

Prosecutors in South Korea have reportedly arrested three top executives of HaruInvest, a crypto deposit platform, for allegedly defrauding customers and embezzling over 1...

Bithumb Aims To Become The Premier Cryptocurrency Exchange Listed On The South Korean Stock Exchange – CryptoInfoNet

“`htmlArticle Credit: Hannah Parker Seoul, South Korea, February 3, 2024: The cryptocurrency exchange Bithumb is preparing for a groundbreaking move to become the first digital...

South Korea’s $3.5M Crypto Heist Unraveled

In a striking turn of events, a South Korean national, implicated in a major crypto theft, was recently apprehended in the Philippines. This...

Desert Mysteries: The Great Oil Game

This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription.Click here to download a PDF...

Private Internet Access (PIA) VPN Review: [2023]

Today we’ll talk about PIA (Private Internet Access), a popular VPN that has been in business for almost 20 years. In the interest of...

Covariant catalysis requires correlations and good quantum reference frames degrade little

Lauritz van Luijk, Reinhard F. Werner, and Henrik WilmingLeibniz Universität Hannover, Appelstraße 2, 30167 Hannover, GermanyFind this paper interesting or want to discuss? Scite...

Sam Bankman-Fried Found Guilty On All Counts: Latest News & Hot Takes

Sam Bankman-Fried, the co-founder and former CEO of FTX and Alameda Research, was found guilty of all charges including wire fraud, securities fraud, and...

What’s the Deal With Sam Bankman-Fried’s ‘Advice of Counsel’ Defense

DOJ lawyers, however, have long argued this strategy is besides the point, and have filed numerous documents in the case saying SBF’s lawyers should...

Largest Cryptocurrency Hacks In History: How They Happened

As cryptocurrency’s use and influence spread, the industry has become big business for investors, corporations, wallets, custodians, exchanges, and, unavoidably, hackers. One of the...

Coin Bureau’s Analysis of Turkey’s Crypto Landscape

Introduction In a video released yesterday, Coin Bureau provides a comprehensive look at Turkey’s crypto landscape, describing it as one of the most active...

FTX Financial Filings Uncover Executive Transactions Prior to 2022 Collapse

According to new court filings, prior to the collapse of the cryptocurrency exchange FTX in November 2022, a series of financial transactions were carried...

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