NFT News by Thebittimes.Com

The Australian Federal Police (AFP) has accused Changjiang Currency Exchange of a money laundering scheme. In a press release, the AFP said the operation, codenamed Ironside, resulted from a three-year investigation into the activities of the currency exchange business. Changjiang Currency Exchange operated from multiple locations across Sydney and Melbourne. The company allegedly used sophisticated methods to conceal the origin and destination of the funds, which were linked to various criminal activities, such as drug trafficking, tax evasion, fraud, and money laundering . You might also like: Borroe Australia’s central bank seeks to explore CBDC use The AFP said the business was part of a transnational criminal network that used encrypted communication platforms and cryptocurrency to facilitate the movement of illicit funds across borders. The AFP worked with the Australian Taxation Office, AUSTRAC, the Australian Criminal Intelligence Commission, and international law...

Elon Musk‘s big Twitter takeover has been the talk of the town for quite some time. While the downfall of FTX and the market crash that followed redirected public interest, Twitter was back making headlines. This time, two of Musk’s companies were involved. SpaceX, the aerospace business company placed an order for one of the largest advertising packages available on the social media giant. JUST IN: SpaceX purchases large advertising package from Twitter . — Watcher.Guru (@WatcherGuru) November 14, 2022 As per recent reports, SpaceX is expected to advertise Starlink, the firm’s satellite internet service. The firm will promote this service on Twitter in Spain as well as Australia. The aerospace company intended to purchase a package known as Twitter “takeover.” It is estimated to cost more than $250,000. Starlink would receive constant daylong promotions through this package at the top of Twitter ’s timeline. The first three times ...