Microsoft employee got nine years in prison for bitcoin fraud

Microsoft employee got nine years in prison for bitcoin fraud

A Microsoft employee who used data from colleagues to scam bitcoin and various gift cards received nine years in prison. 26-year-old Ukrainian Vladimir Kvaschuk lived in Washington and worked at Microsoft from August 2016 to June 2018. He used the personal data of colleagues to steal and then resell various gift cards. Kvashchuk transferred his profits to Bitcoin and used mixing services to hide the origin of the funds. After that, the cryptocurrency was exchanged…

DragonEx will introduce tokenized quotas for the withdrawal of crypto assets

DragonEx will introduce tokenized quotas for the withdrawal of crypto assets

Singapore-based cryptocurrency exchange DragonEx will temporarily introduce tokenized withdrawal quotas for digital assets as part of addressing current issues. Marketplace users will receive DragonEx Withdraw Quota (DWQ) tokens. 1 DWQ will allow you to withdraw one asset from the platform, the cost of which is 1 USDT. To receive DWQ, clients need to trade on the exchange, borrow assets or make deposits. When requesting a withdrawal, an equivalent amount in DWQ will be debited from…