Authorities

Cryptocurrency exchange Coinbase has provided sophisticated tools to the US Immigration and Customs Enforcement (ICE) agency to help it track transactions across Bitcoin, Ether and other cryptocurrencies.According to a report in Intercept, Coinbase sold an analytics software license to ICE for $29,000 in August last year, followed by a software purchase potentially worth $1.36 million the next month."ICE now has access to a variety of forensic features provided through Coinbase Tracer, the company's intelligence-gathering…

Ryan Browne / CNBC: UK regulators investigate Kristo Käärmann, CEO and co-founder of money transfer company Wise, after tax authorities alleged he failed to pay a £720K+ tax bill — - Wise CEO and co-founder Kristo Kaarmann was recently fined £365,651 by U.K. tax officials for defaulting on his taxes. Ryan Browne / CNBC: UK regulators investigate Kristo Käärmann, CEO and co-founder of money transfer company Wise, after tax authorities alleged he failed to pay a…

Yak Gotti is attempting to clear his name.The 29-year-old rapper, born Deamonte Kendrick, was hit with snitching allegations after he was denied bond in the massive RICO case against dozens of YSL members and affiliates. According to AllHipHop, prosecutors objected to Gotti’s release, claiming he was a threat to potential witnesses. They pointed to the rapper’s criminal history, including his alleged involvement in the death of Donovan “Big Nut” Thomas.Gotti and Martinez Arnold, aka YSL Duke, were charged in connection to…

Texas authorities said Friday that the gunman who killed 19 children and two teachers inside an elementary school discussed his interest in buying a gun in private online conversations, but backed away from earlier descriptions that he made public threats less than an hour before the attack.Texas Governor Greg Abbott said Wednesday, a day after the shooting, that “the only information that was known in advance was posted by the gunman on Facebook approximately 30 minutes before reaching the school.” Abbott's claim…

Chinese smartphone giant Xiaomi faces legal headaches in India as a federal financial crime-fighting agency and tax authorities investigate its business practices.Xiaomi denies wrongdoing. But it recently hit the headlines with accusations that its executives faced intimidation from Indian enforcement officials, drawing public rebuttals from the agency and words of support from China.Here are details of the tussles in one of Xiaomi's key markets:WHAT'S THE ROYALTY CASE ABOUT?India's financial crime-fighting agency, the…

Image for representation.A group of 37 passengers who were shown on video drinking and partying amid the pandemic on a chartered Sunwing flight from Montreal to Mexico in late December have been fined a total of CDN$59,500.A group of 37 passengers who were shown on video drinking and partying amid the pandemic on a chartered Sunwing flight from Montreal to Mexico in late December have been fined a total of CDN$59,500 (US$46,480), Transport Canada said Thursday.The agency said 42 tickets were issued, including 18 for…

Sweden's Ericsson said Wednesday that US authorities have found its disclosures about an internal inquiry into its conduct in Iraq, including suspected bribes to the Islamic State group, "insufficient".The news from the telecom equipment maker sent shares tumbling, and they were down over 12 percent around midday on the Stockholm stock exchange.The company's value had already taken a beating in recent weeks over the anticipated publication of a media investigation coordinated by the International Consortium of…