In line with an official tweet ‘published‘, Renowned Crypto exchange namely ‘Kraken’ has received nearly more than three times additional enforcement inquiries in 2018 comparative to 2017.
In line with the information revealed within the tweet, in 2018 the exchange received 475 enforcement inquiries from international government agencies, whereas in 2017 there had been solely 160. Still, 2017 numbers were already significantly over the previous year, when there have been solely 71 inquires.
The tweet additionally highlighted the prevalence of U.S. agencies among the inquiries, stating “you could see why several businesses like better to block United States users.” The exchange revealed that 315 of the 475 inquiries in 2018 came from United States government bodies.
As ‘reported‘ by EtherDesk earlier in Dec., Florida-based United American corporation [UnitedCorp] has supposedly filed a proceedings against Bitmain, Bitcoin.com, Roger Ver, and Kraken.
The suit filed alleges that the defendants collectively used unfair ways and practices to control the Bitcoin Cash [BCH] network for their profits and betrayed UnitedCorp along with other BCH stakeholders.
Also in Dec., Japanese police reported that there has been a major uptick in reports from cryptocurrency exchanges regarding suspicious transactions. The rise ‘reports‘ occurred after when a bill came into force obliging the exchange to report such activity.