Lithuanian Crypto Entrepreneur Scores Legal Win as Suspicions Dropped
Lithuanian businessman Vilhelm German has secured two favorable developments in the Foxpay investigation. Prosecutors dropped money laundering and bribery suspicions against him after determining that insufficient evidence remained and further investigative avenues had been exhausted. Separately, a Vilnius court upheld procedural objections in his €23 million cryptocurrency mining case, identifying improper machine translations and unexamined […]
Key Takeaways
- Lithuanian businessman Vilhelm German has secured two favorable developments in the Foxpay investigation.
- Prosecutors dropped money laundering and bribery suspicions against him after determining that insufficient evidence remained and further investigative avenues had been exhausted.
- Separately, a Vilnius court upheld procedural objections in his €23 million cryptocurrency mining case, identifying improper machine translations and unexamined […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
Coinbase powers Citi’s new stablecoin rails, and corporate banking faces a major shift
Coinbase Virtual Accounts also gain automatic fiat conversion through Citi infrastructure, while customer usage remains undisclosed. The post Coinbase powers Citi’s new stablecoin rails, and corporate banking faces a major shift appeared first on CryptoSlate.
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Tether says it helped freeze $550M in Iran-linked USDT this year
The disclosure came as Senate Democratic investigators alleged USDT had become a key part of Iran’s shadow banking network.