RAIS WA TANZANIA AFARIKI DUNIA

Rais Wa Tanzania (John joseph pombe magufuri) na kipenzi cha WaTanzania wengi Afariki Dunia Taarifa zimeakikishwa na Makamu wa Raisi  Mama Samia Suruhu Mungu Airaze Roho ya John Joseph pombe magufur mahara pema peponi Amen.

Abbreviations We Normally See

 1.) GOOGLE : Global Organization Of

Oriented Group Language Of Earth .

2.) YAHOO : Yet Another Hierarchical
Officious Oracle .

3.) WINDOW : Wide Interactive Network
Development for Office work Solution 

4.) COMPUTER : Common Oriented
Machine Particularly United and used
under Technical and Educational
Research.

5.) VIRUS : Vital Information Resources
Under Siege . 

6.) UMTS : Universal Mobile
Telecommunications System .

7.) AMOLED : Active-matrix organic light-
emitting diode

8.) OLED : Organic light-emitting diode

9.) IMEI: International Mobile Equipment Identity .

10.) ESN: Electronic Serial Number .

11.) UPS: uninterruptible power supply .

12. HDMI: High-Definition Multimedia
Interface

13.) VPN: virtual private network 

14.)APN: Access Point Name

15.) SIM: Subscriber Identity Module

16.) LED: Light emitting diode.

17.) DLNA: Digital Living Network Alliance

18.) RAM: Random access memory.

19.) ROM: Read only memory. 20.) VGA: Video Graphics Array

21.) QVGA: Quarter Video Graphics Array

22.) WVGA: Wide video graphics array.

23.) WXGA: Widescreen Extended
Graphics Array

24.)USB: Universal serial Bus 

25.) WLAN: Wireless Local Area Network

26.) PPI: Pixels Per Inch

27.) LCD: Liquid Crystal Display.

28.) HSDPA: High speed down-link
packet access.

29.) HSUPA: High-Speed Uplink Packet Access

30.) HSPA: High Speed Packet Access

31.) GPRS: General Packet Radio Service

32.) EDGE: Enhanced Data Rates for
Global Evolution

33.)NFC: Near field communication 

34.) OTG: on-the-go

35.) S-LCD: Super Liquid Crystal Display

36.) O.S: Operating system.

37.) SNS: Social network service

38.) H.S: HOTSPOT

39.) P.O.I: point of interest 

40.)GPS: Global Positioning System

41.)DVD: Digital Video Disk

42.)DTP: Desk top publishing.

43.) DNSE: Digital natural sound engine .

44.) OVI: Ohio Video Intranet

45.)CDMA: Code Division Multiple Access 

46.) WCDMA: Wide-band Code Division
Multiple Access

47.)GSM: Global System for Mobile
Communications

48.)WI-FI: Wireless Fidelity

49.) DIVX: Digital internet video access. 

50.) .APK: authenticated public key.

51.) J2ME: java 2 micro edition

52.) SIS: installation source.

53.) DELL: Digital electronic link library.

54.)ACER: Acquisition Collaboration
Experimentation Reflection 

55.)RSS: Really simple syndication

56.) TFT: thin film transistor

57.) AMR: Adaptive Multi-Rate

58.) MPEG: moving pictures experts
group

59.)IVRS: Interactive Voice Response System

60.) HP: Hewlett Packard

Russian Man Found sentenced to Prison

Russian man who founded and ran the now-defunct Bitcoin exchange service BTC-e, has been sentenced to five years in prison. A Paris court has found Vinnick guilty of money laundering and has ordered him to pay €100,000 (US$121,000) in fines. Vinnick was arrested in Greece back in 2017 under an international warrant issued by the US Department of Justice and was extradited to France earlier this year.

The Justice Department accused Vinnick of operating BTC-e as a front for a massive money laundering operation that accepted stolen funds from cyberattacks. Security firm Wizsec previously linked his private BTC-e accounts to funds stolen from Mt. Gox. If you’ll recall, around $480 million worth of Bitcoins disappeared from the exchange service back in 2014 due to, as Mt. Gox CEO Mark Karpeles called them, "weaknesses in the system."

The US DOJ charged Vinnick with 17 counts of laundering up to $4 billion since the exchange was founded in 2011. Meanwhile, French prosecutors charged him for “extortion, conspiracy and harming automatic data-processing systems.” French authorities believe he helped create the ransomware “Locky,” which was spread through email and was used to attack French businesses and organizations between 2016 and 2018. At least 20 entities in the country ended up paying ransom money in Bitcoin to get their networks freed.

Vinnik’s side argued in court that he was only a technical operator carrying out instructions from BTC-e’s directors. While the court still ended up convicting him for money laundering, it’s hardly the worst-case scenario for Vinnick. According to ZDNet, French prosecutors were only able to prove one of the 14 charges brought against him, and it wasn’t the one involving Locky. That means he was able to avoid the 10-year sentence and the €750,000 fine the prosecutors had requested.

Binance to Face Money Laundering Charges

 Binance prerequisites for lax KYC are causing legal issues for the crypto exchange. The KYC conditions are being attacked by the present CEO of a Japan-based exchange attacked two years ago.

Fisco, the crypto exchange that bought Zaif after it was hacked, filed a petition against Binance, pointing that its lax KYC prerequisite and the daily withdrawal limit contributed to the laundering $60M stolen from them.

They accused Binance of assisting in $9M worth crypto and is asking for compensation. Fisco stated that the exchange could prevent the assets from being stolen because blockchain transactions can be traced.
A part of the statement presented against the exchange explained why northern California is the perfect jurisdiction to sue the renowned exchange.

The first fact argued that California houses the exchange's sever because it uses Amazon cloud service. The statement explained that the server has extensive coverage that can be changed and claimed that most of its facilities could be found in the State.

Other facts explained that Binance uses Custodians in the western US state for cold storage. However, it's unknown if this evidence will convince the court as they seem not too substantial.

Source::

https://cointelegraph.com/news/binance-sued-for-allegedly-facilitating-money-laundering-with-lax-kyc

Source: Cointelegrah