- Interpol is reported to have received a court order that authorized the freezing of some suspected accounts belonging to the involved companies.
- Many fans of virtual currency have supported the idea and stated that it is a positive move for Dogecoin.
Kenya Politician is involved in the alleged money laundering
According to a report, the global law enforcement agency Interpol is looking into the case of three Nigerian citizens who are allegedly involved in money laundering and using the money gotten to acquire bitcoin valued at $43 million. A Kenyan politician whose name is not disclosed and two other Kenyan citizens, identified as Pauline Wanjiru Wachira and Evalyne Wawira Gachoki, is reportedly responsible for aiding the perpetrators in committing said crime.
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During the law enforcement agency investigation, it was discovered that the three Nigerians could have sent a sum of $215 million (25 billion Kenyan shillings) to Kenya between October and November of 2020.
After sending the money to the country, the trio, Olubunmi Akinyemiju, Olufemi Olukunmi Demuren, and Eghosasere Nehikhare, reportedly went on to buy Bitcoin and eventually acquired bitcoin worth $36,353,728 at the time from the US branch of Binance. The trio later went on to buy more coins worth $7,246,582 from Busha, another top crypto exchange platform.
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They reportedly shared the coin in individual wallets to make them untraceable. The report, however, did not state the quantity of the coin bought from Kenyan crypto exchange platforms, Bitpesa and Quidax.
After the investigation, Interpol is reported to have received a court order that authorized the freezing of some suspected accounts belonging to the involved companies.
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The SpaceX CEO, Elon Musk, has recently been explaining on Twitter how he aims to solve Twitter’s spam bot. He allegedly promised to solve the problem by giving it whatever it takes. Musk and Twitter reached an agreement to buy the social media platform for about $44 billion last week.
The owner of the NBA team Dallas Mavericks, Mark Cuban, recently came up with an idea on how to solve the problem.
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In his tweet on Sunday morning, Cuban proposed that everyone put up one dogecoin (DOGE) for limitless Twitter tweets. If a human certifies that a post is a spam, the person who flagged it gets the spammer's DOGE. He added that spammers must post 100 times as much dogecoin. The flagger, however, forfeits his dogecoin if the post is not spam.
Cuban's tweet has been liked over 9K times as of this writing. "I like this," Dogecoin co-founder Billy Markus stated. "Not a bad idea," Musk responded.
Many fans of virtual currency have supported the idea and stated that it is a positive move for Dogecoin. However, some people are uncertain about the idea, with some criticizing the need to use virtual currency to access the free social media platform and having to use Dogecoin to prevent spam.
Related Post:ETH 2.0: Mark Cuban optimistic about Ether's growth
Some users also pointed to the probability of some users exploiting the system to get profits. A Twitter user replied to the Cuban’s post, stating that a user may intentionally flag a user’s post as spam only to get the poster’s Dogecoin.
