#Cryptouniverse | Explore Tumblr Posts and Blogs

steveganger · 2 months

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bkmediablog · 3 years

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Russian Court Orders Mining Firm Cryptouniverse to Face New Trial on Fraud – Mining Bitcoin News

A major Russian mining firm is facing legal troubles in St. Petersburg, as three individuals are accusing the company of fraud. Cryptouniverse will now face a trial after a city court issued a criminal case order during the week. A District Court Rejected to Launch a Criminal Case Against the Firm in 2020 According to RBC, the St. Petersburg City Court accepted the appeal of three customers of…

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#bitcoin #Court #Cryptouniverse #Face #Firm #Fraud #Mining #News #Orders #Russian #Trial

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bichocoin · 3 years

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Cada vez con mayor aceptación...🚀🚀 . . . . . #Bitcoin #monedadigital #finanzas #criptomonedas #aceptación #cripto #halving #DeFi #blockchain #cadenadebloques #aceptobitcoin #bitcoinnetwork #transparencia #descentralización #criptomonedasenespañol #cryptouniverse #tecnología #democraciafinanciera #mundodigital #bitcointrading #criptoactivo #libertadfinanciera #exito #futuro #global #deflación #21M #BTC (en Tallinn, Estonia) https://www.instagram.com/p/CLgyE7sA4M4/?igshid=1wr3iyetbxqvt

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addanarticle · 2 years

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Sanctions could hurt the multibillion-dollar crypto industry

Illuminated mining rigs operate inside racks at the CryptoUniverse cryptocurrency mining farm in Nadvoitsy, Russia. Bloomberg | Bloomberg | Getty Images Sanctions imposed on Russia over the country’s unprovoked invasion of Ukraine could hamper the growth of its multibillion-dollar crypto sector, according to experts. This week, US officials targeted Russian bitcoin mining firm BitRiver in its…

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#Bitcoin #Bitcoin / USD Coin Metrics #business news #Cryptocurrency #Economy #Ethereum / USD Coin Metrics #Internet #Kazakhstan #Markets #Politics #Ripple / USD Coin Metrics #russia #Technology #United States #US Dollar / Russian Ruble FX Spot Rate

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gennady72-blog · 4 years

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CRYPTOUNIVERSE

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bitcoinnewsguru · 5 years

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Is the launch of the CryptoUniverse mining center in Siberia a way to become a real cryptographic hub?

Does the launch of the CryptoUniverse Mining Center in Siberia show the way forward for the country to become a cryptography center?

CryptoUniverse, based in Austria, recently announced plans to launch its mining center in Serbia. Cryptouniversewas founded in 2017 to revolutionize the mining equipment market. Currently, their main objective is the distribution of Bitcoin Mining material from…

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#Bitcoin Markets #bitcoin price updates #btc market news #center #cryptographic #CryptoUniverse #Hub #latest bitcoin prices #Launch #mining #Real #Siberia

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ghhgfjh · 2 years

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cryptonewseye · 3 years

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#Press releases

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newsbtc-com · 3 years

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Binance Announced Partnership With CryptoUniverse To Give Users Real-Time Mining Data and More

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debajitadhikary · 3 years

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Global cryptocurrency crackdown looms as governments enter digital currency race

Industrial cooling fans operate to thermally regulate illuminated mining rigs at the CryptoUniverse cryptocurrency mining farm in Nadvoitsy, Russia, … Source link

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#central banks #crackdown #cryptocurrencies #digital currencies

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soclaimon · 3 years

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Singapore warns public against crypto as world warms to Bitcoin #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation. https://www.nationthailand.com/edandtech/30404596 Singapore warns public against crypto as world warms to Bitcoin Apr 07. 2021Mining devices at the CryptoUniverse cryptocurrency mining farm in Nadvoitsy, Russia. MUST CREDIT: Bloomnerg photo by Andrey Rudakov By Syndication Washington Post, Bloomberg · Joanna Ossinger Singapore…

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tikhonin · 3 years

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CryptoUniverse

CryptoUniverse - https://c01n.ru/mining/cryptouniverse

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mateuszdrost · 3 years

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🏆 Join CryptoUniversity’s team in the @Binance Futures Spring Tournament for the chance to win a share of $1,600,000! 💰 https://www.binance.com/en/futures-activity/tournament?referral=786-57716241 #BinanceFuturesTournament

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cryptoevent · 3 years

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Russian Court Orders Mining Firm Cryptouniverse to Face New Trial on Fraud – Mining Bitcoin News

A major Russian mining company is facing legal trouble in St Petersburg as three people accuse it of fraud. Cryptouniverse will now go to court after the municipal court filed a criminal complaint within a week.

The court refused to prosecute the company in 2020

According to RBC, the St. Petersburg City Court considered the appeal of three Cryptuniverse customers – a Bitcoin Miner (BTC) and Litecoin Miner (LTK) founded in 2018 – and ruled that the case should go to trial.

The first lawsuit against the company hit the news in August 2020. Businessman Alexei Burik has filed a lawsuit alleging that Cryptouniverse hijacked his encryption equipment and the components he obtained for 25 million rubles ($340,000).

At the time, the Kuibyshev District Court rejected the police’s decision to initiate criminal proceedings for the fraud in which the trio are now involved, after the mining company appealed.

As the St. Petersburg court granted the request of three people, the criminal case is directed against Cryptuniverse’s CEO, Mikhail Kvasnikov, who owns about 60% of the company.

Experts quoted by RBC say that most lawsuits against crypto-miners such as Cryptouniverse are due to sudden changes in the devices’ usage conditions. However, according to the experts, these changes are in no way beneficial to clients.

Is the lack of regulation of the Russian cryptography industry bad for business?

But the problem is deeper than it seems. The Union of Crypto Miners in Russia blames the cost of installing crypto units in homes. So people are forced to rely indirectly on mining data centers.

According to Maxim Nikolaev, coordinator of the Russian Union of Crypto Miners, the lack of regulation of the crypto mining industry is somehow the cause of this kind of legal problems with mining companies.

Moreover, according to experts, this lack of a regulatory framework opens the door to influencing the profits of cryptocurrency customers.

What do you think of this lawsuit against Cryptouniverse? Let us know in the comment section below.

Photo credit: Shutterstock, Pixabay, Wiki Commons

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