Market Update: Apollon Market Adds Monero Support

Market Update: Apollon Market Adds Monero Support
Apollon Market, the market recently featured in various media outlets as the darkweb market with the hacked StockX database, announced that buyers and sellers could now use Monero in addition to Bitcoin when conducting business on the platform. Markets are shifting towards Monero adoption as a result of law enforcement's ability to investigate and identify the some darkweb vendors through the Bitcoin blockchain. Read more

DOJ Files $100 Million Civil Complaint Against BTC-e

DOJ Files $100 Million Civil Complaint Against BTC-e
In addition to the criminal charges for money laundering, unlawful monetary transactions, and conspiracy, the founder of the BTC-e bitcoin exchange now faces a $100 million civil complaint for monetary penalties owed as alleged violations of the Bank Secrecy Act. The complaint alleges that Alexander Vinnik, one of the exchange's CEOs, willingly failed to follow AML procedures and failed to report suspicious activity, among other violations. Read more