ALLN team with Far Eastern Air Transport, a strategic partner, to clarify the information as followed:
ALLN was issued by Huafu Enterprise Holdings Limited (Hong Kong), not Far Eastern Air Transport (FAT), FAT is only a strategic partner of ALLN.
That false information mixed real with unreal contents to confuse people who are interested in ALLN project or application.
ALLN does not get any investment from Huobi and Binance, or sign any contract with them.
About the issue of exchange listing, ALLN does not make decision to list on any exchange.
Please be kindly informed that all information of ALLN is based on the content, activities, and deadlines published by the and white papers. Participants should understand the rational participation of digital currencies before they are introduced.
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CEO Bryan Ng and COO Jonathan Chang have been on a world tour over the past fortnight, meeting new backers and setting up strategic partnerships in Hong Kong, China and Italy.
Ng said the sheer volume of interest, and the potential expansion of the project’s scope, means that raising additional capital will benefit the entire community.
The Nauticus ICO has been a big success and has raised $14.8 million USD during one of the biggest crypto market crashes in years. The ICO has almost doubled the softcap and equalled the funds raised in the Binance ICO last year.
But Nauticus has much grander ambitions—including offering 100 crypto and seven fiat currencies, the construction of a green blockchain mine, and expanding to encompass eCommerce, a merchant payment system, KYC service, and an ICO gateway.
“We have raised more than $4 million during our whirlwind world tour but, more importantly, we have forged new partnerships that could advance the project by an entire year,”
said Ng, from Rome, Italy.
“We are offering the bonus sale to give the project the best possible chance of success and capitalise on the incredible opportunities that emerged during our trip.”
New developments
Nauticus has signed a memorandum of understanding for a strategic alliance with , a blockchain-based Chinese eCommerce platform. Nauticus will assist with the platform’s technological development and efforts to expand globally.
Nauticus has reached an in-principle agreement to collaborate with , an eCommerce platform in Hong Kong that trades refurbished consumer technology. Galaxy is projected to turnover $120 million USD in sales this year and recently hit its ICO hardcap of 20,000 ETH. Nauticus will assist the blockchain platform to reach new international markets.
Nauticus has engaged a large Chinese manufacturer to conduct research and development to improve the efficiency of energy intensive blockchain mining machines. “Even a five percent improvement will dramatically cut the power required and help the environment,” Ng explained.
Development work on the exchange is expected to be complete by July 31. After extensive system and security testing Nauticus Exchange will open in August.
“We can’t wait to show you what we’ve been working on,”
– said Ng.
Bonus Sale May 19 to July 18
The bonus sale has been structured to reward loyal members of the Nauticus Community, while also providing an incentive for new supporters to buy Nauticus Coins.
Early supporters will receive the same bonus they got for their initial purchase of NTS, until July 18.
So if you bought NTS in the ICO presale, you’ll receive a 30 percent bonus for any new purchase during the entire bonus sale period.
If you bought during stage one, you’ll get 25 percent, and so on.
New buyers receive a 5 percent bonus, and can access an extra 5 percent for bulk purchases.
If you originally bought NTS during
Pre-sale March 18-30 you will receive a 30 percent bonus throughout the bonus sale
Stage 1 March 31 to April 7 you will receive a 20 percent bonus throughout the bonus sale
Stage 2 April 8 to April 14 you will receive a 15 percent bonus throughout the bonus sale
Stage 3 April 15 to April 21 you will receive a 10 percent bonus throughout the bonus sale
Stage 4 April 22 to July 18 you will receive a 5 percent bonus throughout the bonus sale
New purchasers will receive a 5 percent bonus during the bonus sale
Remember
Purchases greater than 100,000 NTS receive a 2 percent additional bonus
Purchases greater than 250,000 NTS receive a 5 percent additional bonus
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The Israeli banking system keeps mounting challenges for bitcoin users, be they exchanges, miners or just traders, and keeps getting slapped for it by the courts. The latest example comes from Tel Aviv where a bank tried to deny incoming transfers from an exchange.
Also Read:
Bank Uses AML as Excuse to Block bitcoin
Bank Hapoalim (TASE: POLI), Israel’s largest bank, has been forced by the Tel Aviv District Court to accept a transfer of funds resulting from the sale of bitcoin. A client of the bank was denied an incoming transfer of $195,000 from a European bitcoin trading venue into his joint account.
Hapoalim claimed that there was a reasonable basis for concern that the sale of bitcoin was linked to money laundering and financing of terror, this despite the existence of documents indicating the exact source of the funds used for the purchase in this case and enabling ability to track the money from beginning to end. In addition, the transaction was duly reported by the client to the Israel Tax Authority. None of this was sufficient to convince the bank, which insisted on its refusal, and even informed the client that it intended to return the funds within a week.
This Sunday the two sides faced each other in court and the bank folded. In a hearing before judge Limor Bibi regarding a request for temporary injunction, it became clear that there is no real suspicion of violations of AML laws or of taxation offenses, and the bank was forced to agree that the funds would be deposited in the client’s account immediately. For his part, the trader agreed to sign an IRS W8 form proclaiming he has no linkage to the US. This indicates, that like in , the Israeli bank’s real concern is an eventual crackdown by American regulators. Interestingly the court also rejected the bank’s request for a gag order regarding the case.
Extreme Escalation
Doron, Tikotzky, Kantor, Gutman & Amit Gross, the law firm which represented the plaintiffs, commented: “Recently, we have witnessed an extreme escalation in the banks’ fight against bitcoin and the other virtual currencies. In what appears to be a planned policy of targeted assassination, the banks are preventing their customers from returning foreign money originating in virtual currencies to their Israeli accounts, even though the clients wish to declare the movement of the funds and pay their taxes according to the law.”
“This is an important precedent that obliges the banking system as a whole to reconsider its policy regarding funds originating in virtual currency transactions, while conducting a real and relevant examination of each ad hoc transaction, rather than automatically denying each transaction without examining it on its merits,” they added about the outcome of the case.
Should the regulators act against banks who refuse to serve bitcoin businesses? Share your thoughts in the comments section below.
Images courtesy of Shutterstock.
Do you agree with us that bitcoin is the best invention since sliced bread? Thought so. That’s why we are building this online universe revolving around anything and everything bitcoin. We have a. And a. And a, a and real-time.
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Digital asset trading platform has announced that Peter Warrack, former Director of AML (Fintech Advisory) and Compliance Officer at the Bank of Montreal, has joined the exchange as Chief Compliance Officer – CCO.
Jean-Louis van der Velde, Chief Executive Officer of Bitfinex, stated: “We are exceptionally excited to have Peter join Bitfinex. His knowledge and experience, combined with our shared belief in blockchain playing a leading role in the future of the global economy, makes him a unique and valuable talent for our team,”
A recognized expert in major crime investigation, anti-money laundering, and terrorist financing detection, prevention and investigation, Warrack has over 30 years of experience in the detection and prevention of economic crime. With a professional history in military intelligence, senior officer roles within the Police Service of Northern Ireland, and senior positions within the Royal Bank of Canada (RBC) and the Bank of Montreal’s Financial Intelligence Units, Warrack’s appointment as Bitfinex CCO is intended to furnish the trading platform with the expertise and experience required to ensure that it continues to meet all relevant regulatory compliance standards.
Warrack commented: “I am incredibly excited to be joining Bitfinex as CCO. As a long-time advocate of blockchain technology and the integration of token markets into the mainstream, I hope to be a valuable asset to Bitfinex moving forward and to help facilitate the continued expansion of their service offering to professional and institutional traders by ensuring the highest standard of regulatory compliance,”
He has published a number of articles on AML best practices and risk mitigation, winning the ACAMS AML Professional of the Year Award in both 2011 and 2017 for his services to the AML profession. Warrack currently serves as an instructor and board member of the Canadian Institute for Financial Crime Analysis (CIFCA), Canada’s centre for money laundering risk and financial intelligence, in conjunction with the Faculty of Business at Seneca College.
Warrack added: “Drawing on the skills cultivated during my time working in law enforcement and intelligence, as well as my experience within the traditional financial sector, I am aware of the importance of developing a culture of intelligence throughout the relevant parts of an organization to ensure satisfaction of compliance standards. I believe that my background, combined with my knowledge of and previous work within the blockchain space, will allow me to ensure that Bitfinex solidifies its position as an industry leader,”
With a daily trading volume of more than $1.2 billion USD, Bitfinex provide advanced trading features and charting tools, peer-to-peer financing, OTC and margin trading across a number of digital assets for the global trading community.
The news of Warrack’s addition to the Bitfinex team comes in the wake of the expansion of the exchange’s service offering and support capabilities. Bitfinex has recently announced a partnership with Irisium (formerly Ancoa Ltd), a provider of market surveillance and analytical software for financial organisations. The integration is aimed at facilitating an industry-wide improvement in market integrity and transparency, bolstering Bitfinex’s ability to identify, investigate and regulate suspicious trading activity.
Van der Velde concluded: “We are elated to welcome Peter aboard at this important juncture in Bitfinex’s journey and look forward to all that lies ahead. He will be a wonderful asset to the team and the broader Bitfinex community,”
