Hodler’s Digest, April 15–21: Top Stories, Price Movements, Quotes and FUD of the Week

Cointelegraph

Published Apr 21, 2019 04:50PM ET

Updated Apr 21, 2019 05:02PM ET

Hodler’s Digest, April 15–21: Top Stories, Price Movements, Quotes and FUD of the Week

FinCEN Takes First Enforcement Action Against Peer-to-Peer Cryptocurrency Exchanger/h4 In an apparent first, the United States Financial Crimes Enforcement Network (FinCEN) has given a penalty to a California resident who has been accused of wilfully violating money transmission laws as a peer-to-peer virtual currency exchanger. The department noted that the move marks its first such enforcement action, thus setting a precedent. The defendant — Eric Powers of Kern County, California — has been fined $35,000 and debarred from future work that qualifies as a money services business. The fine came from the determination that Powers violated his reporting obligations under the U.S. Bank Secrecy Act.

Self-Proclaimed Satoshi, Craig Wright, Sues Podcaster Peter McCormack for Alleged Libel/h4 Craig Wright, the chief scientist at nChain and founder of bitcoin SV (BSV), filed a libel claim in the United Kingdom against cryptocurrency podcaster Peter McCormack. McCormack had previously accused Wright of fraud and falsely claiming to be Satoshi Nakamoto, the creator of bitcoin (BTC). In response, Wright’s claim allegedly requests over $130,000 in damages, as well as legal costs and court fees. Earlier this week, Binance, ShapeShift and Kraken decided to delist BSV amid Wright’s continued claims to be Satoshi, as well as his bounty offering in the search for the identity of the anonymous Twitter user behind the Lightning Torch.

French Gov’t Minister Open to Enabling Crypto Donations for Notre Dame/h4

Forbes Releases List of Billion Dollar Companies Using Blockchain/h4

Nestlé, Carrefour (PA:CARR) Work With IBM (NYSE:IBM) to Track Mashed Potato Brand With Blockchain/h4

ShapeShift to Delist Bitcoin SV, Kraken Considers Following Suit/h4

Unocoin Reduces Staff by 50% Ahead of Indian Supreme Court Cryptocurrency Ruling/h4

U.S. District Attorney Indicts Three for Laundering Millions With Bitcoin/h4

Young Africa Looks to Crypto for Payment/h4

Craig Wright Continues to Chase His Critics as Major Crypto Platforms Boycott His Cryptocurrency, BSV/h4

Crypto Movie Review/h4 Continue Reading on Coin Telegraph