ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

Dutch Detectives Nab Man Over Suspicious Bitcoin Transactions

Share On Facebook
share on Linkedin
Print

A man in his early forties will spend some time in the care of security personnel and give them helpful information regarding where he received the money he utilized in some recent transactions. He was observed and subsequently apprehended after it was discovered that he had carried out some quick business activities from a Bitcoin Automated Teller Machine (ATM), where the amount of money he transferred, did not match what he is currently earning.

©

Dutch government anti-fraud organization places its searchlight on a man for probable money laundering charges through the use of a Bitcoin ATM

There is a possibility that this is a case of money laundering as alluded to by prosecutors. After searching his apartment, his computer equipment and personal funds were confiscated.

Man withdrawing money from ATM

According to the Netherlands office of Fiscal Information and Investigation Service, the agency that conducts investigations into concerns connected to financial misconduct, the man’s capture was carried out earlier in November 2022. Further findings reveal that this is not the first time the man has used exchanges, to enter into large-scale trade deals that are outside the scope of his financial resources. This thus supports the idea that he must give a justification for where the extra bitcoin in his possession came from.

Learn from the market wizards: Books that will take your trading to the next level

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com