Corruption


Opinion

Blockchains Against Corruption

From currency risk to judicial risk, companies face all sorts of unforeseen macro threats, particularly in an election year. Decentralized tech can ease the burden, writes Paul Brody, head of blockchain at EY.

Corrupt man in a suit putting euro banknotes into his pocket. White background. This photo has been released into the public domain. There are no copyrights: you can use and modify this photo without asking, and without attribution. (Kiwiev)

Policy

U.S. Senator Who Called Bitcoin 'Ideal Choice for Criminals' Is Convicted of Bribery

Menendez's sentencing has been scheduled for October 29 and he could face decades in prison.

Sen. Bob Menendez (D-NJ) exits Manhattan federal court on July 16 as a jury found Menendez guilty of accepting bribes. (Adam Gray/Getty Images)

Finance

Cryptocurrency Worth $1.5M Seized From Former Ukrainian Head of State Communications

The seizure was supported by the Supreme Anti-Corruption Court in Ukraine.

Ukraine flag (Max Kukurudziak/Unsplash)

Finance

Bukele’s MS-13 Double Bind

The Salvadoran President has had to operate in secret while negotiating with gangs. That has raised suspicions and lent aid to his critics.

SAN SALVADOR, EL SALVADOR - MAY 20:  MS-13 gang members languish in one of the three 'gang cages' in the Quezaltepeque police station May 20, 2013 in San Salvador, El Salvador. These overcrowded, 12x15 cages were designed to be 72-hour holding cells for common criminals and the two rival gangs, but many of the individuals have been imprisoned for over a year.  (Photo by Giles Clarke/Getty Images.)

Markets

'They'd Rather Buy Bitcoin and Take That Risk': An Interview With Paxful's Nena Nwachukwu

Last year’s End SARS protests over police brutality were a catalyst for Bitcoin adoption in Nigeria, says Nwachukwu, ahead of CoinDesk’s Crypto State event.

"End SARS" protesters in Nigeria last year.

Policy

El Salvador Residents Are Split on Bitcoin Adoption Bill

Some Salvadoran residents are excited by the thought of bitcoin being treated as legal tender, while others are concerned it may just be a tool for corrupt officials.

nayib bukele

Tech

Unconfiscatable? Using Bitcoin to Resist Police Extortion in Nigeria

It's common in Nigeria for police officers to threaten and extort citizens for whatever money they can find. This man uses bitcoin as a hiding spot.

Nigeria bitcoin

Markets

Mexico Tests Blockchain to Track Public Contract Bids

A Mexican government announced a blockchain-based project intended to reduce corruption in bidding for government contracts.

Mex

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