Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

China crypto crackdown sees over 1,100 arrested

Published

on

Police in China have arrested over 1,100 people on money-laundering charges, claiming they used cryptocurrency to help them evade the law. 

The arrests come as authorities in China step up their crackdown on cryptocurrency trading.

Reports say the money launderers charged their criminal clients a commission of 1.5% to 5% to convert illegal proceeds into virtual currencies via crypto exchanges.

https://twitter.com/tickerNEWSco/status/1402839675677544455?s=20

Last month, three industry bodies banned crypto-related financial and payment services, and the State Council vowed to clamp down on Bitcoin mining and trading.

The public security ministry confirmed police had busted more than 170 criminal groups involved in using cryptocurrencies to launder money.

The money launderers charged their criminal clients a commission of 1.5% to 5% to convert illegal proceeds into virtual currencies via crypto exchanges.

China continues crackdowns

China’s State Council ordered a tough crackdown on telco fraud in October 2020.

Executives from two of the largest crypto exchanges that provide services to Chinese investors assisted police with their inquiries.  

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

U.S. and Israel attack Iran, escalating regional conflict

U.S. and Israel strike Iran, escalating war fears and risking wider regional conflict for the second time in eight months

Published

on

U.S. and Israel strike Iran, escalating war fears and risking wider regional conflict for the second time in eight months

video
play-sharp-fill
In Short:
– U.S. and Israel launched strikes against Iran amid fears of a broader regional conflict.
– Iranian officials warn that attacks could lead to full-scale war as they prepare for retaliation.

The attack marks the second war between the U.S., Israel, and Iran within eight months, raising concerns about a wider regional conflict in a critically important economic area.Israeli Defence Minister Israel Katz confirmed the strikes and declared a state of emergency across all areas of Israel.

The U.S. also carried out strikes as part of the operation, according to a U.S. official.

The military operation followed a month of U.S. military buildup, ignited by President Trump’s commitment to support Iranian protesters who demonstrated against the regime in January.

The President consistently warned Iran could face military action if it continued its nuclear program. Vice President JD Vance stated that Iran’s responses in two negotiation rounds failed to meet U.S. expectations.

Trump address

In a video address announcing the military operation against Iran, President Trump said the U.S. was facing “imminent threats” from Tehran, though he did not detail specific evidence to support that claim.

Instead, he pointed to a history of Iranian aggression and reiterated broader concerns about the country’s nuclear activities, backing of regional proxy groups and its ballistic missile programme.

Iran’s missile development has featured prominently in the administration’s recent justification for military action, with Trump raising it again during Tuesday’s State of the Union address.

However, publicly available U.S. intelligence assessments have indicated that Iran had not decided to build an intercontinental ballistic missile.

Analysts have also noted that, while Tehran possesses missiles capable of reaching parts of Europe, it still faces significant technological barriers before developing a weapon able to strike the U.S. successfully.

Escalating Tensions

Iranian officials cautioned that any attack would provoke retaliation, warning that even minor strikes could escalate into a full-scale regional war.

The nation has prepared for conflict by mobilising its forces, reinforcing its nuclear facilities, decentralising decision-making, and tightening internal security measures.

‘Trump Has Met the Moment,’ Says Sen. Lindsey Graham

In his first interview since the U.S. and Israel attacked Iran, Senator Lindsey Graham said that “President Trump has met the moment” and “put in motion the demise of the Iranian ayatollah.”

“This operation will be massive in scope and has as its goal the elimination of the regime as demanded by the people of Iran,” the staunch Trump ally said, adding that the president concluded Tehran couldn’t be trusted to make a nuclear deal. “It has been a dream of mine for so long that the ayatollah’s murderous regime would be replaced by the people who seek a better life for themselves and their country.”

Graham, echoing Trump, acknowledged the potential risks facing U.S. forces involved in the mission. “If there are death or injuries in this operation, I can say without hesitation that they sacrificed for a noble cause, a safer America and a more just world,” he said.

“The consequence of leaving the regime in place, after all the terrorism, and the slaughter of 30,000 of its own citizens, would have been catastrophic for America’s national security,” Graham continued, referencing estimates of those killed during a January crackdown on anti-regime protestors.

The senator, who recently travelled in the Middle East and has long taken a hawkish position on Tehran, suggested the potential fall of the Iranian regime could revive diplomatic efforts to normalise relations between Israel and Saudi Arabia, describing it as “the biggest regional prize of all.”

“When the regime collapses, the region will spread toward a new dawn, and that normalization will take up where it left off,” Graham said.

Continue Reading

News

Australia issues evacuation advisory for diplomats and citizens in the Middle East

Australian diplomats’ families in Israel and Lebanon urged to evacuate amid rising tensions; all Australians advised to leave soon.

Published

on

Australian diplomats’ families in Israel and Lebanon urged to evacuate amid rising tensions; all Australians advised to leave soon.

Families of Australian diplomats in Israel and Lebanon have been ordered to evacuate as tensions in the region continue to rise. The government is prioritising the safety of its personnel and their families.

All other Australians have been urged to leave while commercial flights and other travel options are still available. Authorities are emphasising the importance of acting quickly before options become limited.

The Department of Foreign Affairs and Trade has warned that the security situation in the Middle East remains unpredictable and volatile.


Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

News

Trump signals possible action on Iran nuclear threat

Trump warns Iran on nuclear weapons and highlights threats, as US boosts military presence amid stalled talks.

Published

on

Trump warns Iran on nuclear weapons and highlights threats, as the US boosts military presence amid stalled talks.

President Donald Trump laid out a strong warning to Iran during his State of the Union address. He labelled Tehran as the world’s biggest sponsor of terrorism and signalled that the U.S. might take action if Iran continues its nuclear ambitions.

Trump emphasised that Iran’s missile and nuclear programs, along with its backing of militant groups, pose serious threats to regional stability.

This comes amid growing concerns over Iran’s nuclear developments and the stalled diplomatic efforts to curb them.


Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

Trending Now