10,000 American Cryptocurrency Owners Will Receive Warning Letters From the IRS

10,000 American Cryptocurrency Owners Will Receive Warning Letters From the IRS By Jamie Redman On July 26, the U.S. Internal Revenue Service (IRS) announced that the tax agency has started sending letters to American cryptocurrency owners advising them to pay their taxes. According to the organization, three types of letters will be sent to more than 10,000 taxpayers by the end of August. The news follows the recent IRS taskforce slide that shows alarming recommendations on how tax agents should investigate digital currency users. Through Compliance Efforts the Internal Revenue…

Read More

How the World’s Leading Banks Help Launder $2 Trillion a Year

How the World’s Leading Banks Help Launder $2 Trillion a Year By Jamie Redman Some of the most well-known banks in the world are also the biggest money launderers. The recent Troika Laundromat affair added another $8 billion to the trillions financial institutions wash every year. Over $2 trillion is laundered annually by criminals who utilize various ways to hide money in banks, which are often complicit or at least willing to turn a blind eye. The following is a look at money laundering schemes used by criminal enterprises that…

Read More

Yellow Vest Movement Starts a New Form of Protest – Burning Banknotes

Yellow Vest Movement Starts a New Form of Protest – Burning Banknotes By Jamie Redman For well over two months, the Yellow Vest movement in France has continued to keep itself illuminated with fervent protests against taxes, the banking system, and the region’s bureaucrats. On Feb. 1, a group of Gilets Jaunes working at the bill printing factory explained their plan to show the world they mean business by burning pallets of bills, starting with Israeli banknotes. Yellow Vests Burn Stock of Foreign Bills The grassroots Yellow Vest movement in…

Read More

Street Artist Hides $1,000 in BTC Inside a Mural Depicting Paris Protests

Street Artist Hides $1,000 in BTC Inside a Mural Depicting Paris Protests By Jamie Redman Over the last eight weeks, the world has watched the yellow vest protests in France as the grassroots political movement has fought for economic justice. On Sunday, the well known street artist Pascal Boyart (Pboy) revealed a mural that contains a solvable puzzle with 0.28 BTC inside. The artist explained that the puzzle cannot be solved remotely and that sleuths must visit the location to decipher the painting’s clues. A Yellow Vest Rendition of the…

Read More