Thursday, July 25, 2019

Long Island Iced Tea Corp's pivot to blockchain in 2017 is being investigated by the FBI for insider trading and securities fraud, according to search warrants (Quartz)

Quartz:
Long Island Iced Tea Corp's pivot to blockchain in 2017 is being investigated by the FBI for insider trading and securities fraud, according to search warrants  —  Even during the heady days of the epic bitcoin bubble in 2017, Long Island Iced Tea Corp.'s pivot to blockchain was a particularly brash ploy to latch onto the crypto hype.



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A deep dive into a global money-laundering ecosystem powered by crypto and messaging apps like WeChat and Telegram, used by drug cartels and criminal groups (Jessica Brice/Bloomberg)

Jessica Brice / Bloomberg : A deep dive into a global money-laundering ecosystem powered by crypto and messaging apps like WeChat and Tel...