Fundraising Event – The Arc Marion http://thearcmarion.org/ Tue, 13 Sep 2022 13:09:01 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://thearcmarion.org/wp-content/uploads/2021/06/icon-7.png Fundraising Event – The Arc Marion http://thearcmarion.org/ 32 32 $800 Payday Loans with Bad Credit in 2022| Guaranteed Fast Approval from GadCapital https://thearcmarion.org/800-payday-loans-with-bad-credit-in-2022-guaranteed-fast-approval-from-gadcapital/ Tue, 13 Sep 2022 13:08:56 +0000 https://thearcmarion.org/?p=5955 Your current financial situation could see tremendous improvement with the help of a loan of $800. When you need to cover the costs of an expensive car repair or make other improvements to your life, having a little extra cash on hand might be helpful. It may be really frustrating to find yourself in a […]]]>

Your current financial situation could see tremendous improvement with the help of a loan of $800. When you need to cover the costs of an expensive car repair or make other improvements to your life, having a little extra cash on hand might be helpful. It may be really frustrating to find yourself in a position where you need money but do not have it in your bank account. This is especially true if you do not have a decent credit score. However, even if you have a low credit score, receiving a cash advance won’t be too difficult of a process for you to go through.

How do I get a loan for $800?

You only need to submit an application through our website. After that, we will work along with other lenders that may be able to finance your loan application provided that you meet their requirements.

In addition, the $1800 that you have available for credit is an unsecured loan. It indicates that you will not be required to furnish any collateral, such as the title to your automobile. You will be required to provide evidence of your ability to repay the loan, much like you would for a payday loan. after you have finished the necessary documentation, you will then be given the cash you require. Those individuals with poor credit who are in urgent need of cash will find this to be the ideal answer.

How can I apply for a loan of $800?

It’s simple to apply for an 800-dollar loan. In some circumstances, you won’t need to fill out long forms and fax over documents containing your bank details. The online loan application for $800 A loan provider will decide whether to authorize the loan or request more information if you are accepted.

It is nevertheless advised that you apply for an $800 loan online and complete the application even if you have low credit. Even people with poor credit can find lots of loan possibilities thanks to our network, and we can help you get in touch with the lenders we work closely with.

Application submission does not imply acceptance or that you have agreed to the terms of the loan before having the opportunity to read them. The financing process won’t be finished without your electronic signature.

Send us an application today, and we’ll send your request to our network of direct lenders who will assess your loan request. Once you have read and accepted the terms and conditions agreed to by your lender, complete the application process. If granted, your loan of $800 will then be wired or placed immediately into your bank account.

Why is an $800 loan necessary?

A good strategy to address situations that require quick attention is to apply for a loan with installment payments in the amount of $800. What kinds of things are possible if you have a loan amount of $800? There is a wide range of potential outcomes to take into account:

  • Rent. If it looks like your wages won’t be enough to cover the cost of the rent for this month, you might be able to make ends meet with the help of a loan for $800 to cover the difference in cost.
  • Automobile and tire maintenance and repairs. When you don’t have the money on hand, you can suddenly realize that you need to find a huge sum of money in a hurry in order to pay for significant vehicle repairs or new tires. It might be possible to get back on the road and back to work with the assistance of a loan for $8100.
  • The costs of medical care. Your child needs to see a dentist or a doctor, and you have a short amount of time to come up with the money to pay for the appointment. You could find that taking out a loan for eight hundred should be enough to help you better manage the expenses associated with your payments.
  • Fill in the money gaps. There are occasions when you are aware of a significant check that is due, but the check won’t be there until you desperately need the cash. A loan of only $800 may be sufficient to help cover the difference.

It is possible to make a mess of things, and if you need money quickly but don’t have any, the stress level might rise quickly. Even if you have a poor credit history, we are able to connect you with lenders who may provide you an immediate loan of $800 if you need it and there are fortunately simple options available when you require them.

If you are in the midst of a financial emergency and you are pressed for time, there is no way that you can afford to wait around in order to finish a drawn-out process in order to apply for a loan. You’re in desperate need of cash, but you don’t want to get stuck with a loan that isn’t suitable for your needs and that could lead to extra financial strain in the future.

How soon can I get a loan for $800?

We can make the process of obtaining a loan much simpler than you might expect it to be because of our streamlined decision-making procedure, which is quite quick. A loan of $800 is a one-time loan that is meant to assist in the management of financial challenges that develop in the immediate future. The creditors are aware that they have to be able to obtain the funds without being required to go through a drawn-out application and approval procedure. The application process has been streamlined to ensure that you receive the funds in your account in the shortest period of time possible, and this has been done in an effort to make the procedure as quick as it possibly can be. Although some people are looking for loans for people with terrible credit, when you have payday loans, getting a loan for $800 is a piece of cake. Before deciding whether or not to lend money to an individual, lenders frequently take into consideration a variety of factors, including the individual’s career history.

It’s possible that having poor credit will prevent some lenders from working with you, but other lenders might not feel the same way. After we have received your completed application, we will forward your request to the direct lenders with whom we work. You will be able to obtain a response from that location. According to the information provided in the application for the loan, a total of 800 dollars would be deposited into your account if the creditor decides to go ahead and approve your request.

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Market Size 2022, Industry Demand, Top Manufacturers Data, Future Innovation Sales, Consumption Status, Global Share, Upcoming Trends, Business Boosting Strategies, Revenue, and Forecast 2030 https://thearcmarion.org/market-size-2022-industry-demand-top-manufacturers-data-future-innovation-sales-consumption-status-global-share-upcoming-trends-business-boosting-strategies-revenue-and-forecast-2030/ Tue, 17 May 2022 09:13:56 +0000 https://thearcmarion.org/?p=5175 Market Size 2022, Industry Demand, Top Manufacturers Data, Future Innovation Sales, Consumption Status, Global Share, Upcoming Trends, Business Boosting Strategies, Revenue, and Forecast 2030It’s an It is the Global Merchant Cash Advance Market analysis report that contains all the data and analysis on the market overview as well as demand, growth, and forecasting studies, offering an extensive outline and solution to the complex industry that is the Merchant Cash Advance Industry. The top 10 list of the most important […]]]> Market Size 2022, Industry Demand, Top Manufacturers Data, Future Innovation Sales, Consumption Status, Global Share, Upcoming Trends, Business Boosting Strategies, Revenue, and Forecast 2030

It’s an It is the Global Merchant Cash Advance Market analysis report that contains all the data and analysis on the market overview as well as demand, growth, and forecasting studies, offering an extensive outline and solution to the complex industry that is the Merchant Cash Advance Industry. The top 10 list of the most important players, such as Fundbox, Credibly, American Express, Fora Financial, PayPal Working Capital, etc. that are operating in this specific market.

This Global ” Merchant Cash Advance Market ” 2022-2030 Industry Report provides an in-depth and detailed market analysis that will assist you in making a decision on the size, proportion of new trends, expansion, and demand. The report offers a thorough analysis of the dynamics of the market that impact the present state of the market as well as the future of Merchant Cash Advance across the globe. In addition, the report provides an analysis of how the Merchant Cash Advance market is segmented into distinct segments to better know the significance of each segment within the market.

This report contains extensive information regarding the latest emerging trends, the consumption volume, growth factors, CAGR Value, insightful Opinions on Profit Margin Market Information and price that is industry-related, and other details that are contained in the study document. Market participants, as well as consumers, can make use of this report to forecast the future of profits and make crucial business decisions.

The list of TOP important participants of the Merchant Cash Advance Market report includes:

* Fundbox * Credibly
* American Express
* Fora Financial
* PayPal Working Capital
* Square Capital
* National Funding
* Stripe Capital
* Lendio
* Kabbage
* CAN Capital
* FINOVA CAPITAL
* Social Finance
* National Business Capital

To Understand How Covid-19 Impact Is Covered in This Report –

The report breaks down the entire world Merchant Cash Advance industry into categories that cover product types and applications. Each segment is evaluated by the percent of growth and percentage. Additionally being capable of analyzing the areas that have the potential to become profitable to Merchant Cash Advance manufacturers in the future. The analysis for each region is based on precise estimates of value and volume and assists market participants in understanding the overall Merchant Cash Advance industry.

Market divided into types , this report gives the quantity of revenue, production market share price, and growth rate for different types of market, and is typically broken down into:

* Online Cash Advance
* Offline Cash Advance

Market share based on Applications This report looks at the current state and outlook for the most important applications/end users as well as the consumption (sales) as well as market shares and growth rates of each app. The report also covers:

* Banks
* Credit Card Companies
* Others

Market Divided in accordance with Sales Channel, can be divided into:* Direct Channel* Distribution Channel

Market segmentation by region/country comprising:* North America (United States, Canada, and Mexico)* Europe (Germany, UK, France, Italy, Russia and Spain and etc.)* Asia Pacific (China, Japan, Korea, India, Australia, and Southeast Asia, etc. )* South America (Brazil, Argentina, and Colombia, etc.)* the Middle East and Africa (South Africa, UAE, and Saudi Arabia, etc.)

This report gives a thorough historical analysis of the market for Merchant Cash Advance from 2016-to 2021 and provides detailed market forecasts for 2022 to 2030 for every region or country, as well as subsectors. It examines the significance of gross sales/revenue/value margin, the growth rate in the past, and the future outlook for this Merchant Cash Advance market.

Additionally, the impact on the global economy caused by COVID-19 is a reason to be concerned. Since its appearance in December 2019, the COVID-19 virus is spreading across the world and caused huge losses to the lives of people and tourism worldwide manufacturing and the financial market are all being severely affected because of the rise in online commerce and business sector expands. Thankfully, due to the advancement of vaccines and other initiatives of the government and international organizations, the negative impact of COVID-19 is expected to be diminished and the business industry is expected to recover.

The study examines COVID-19’s effect on the upstream, midstream, and downstream industries. Additionally, the research provides an in-depth analysis of market conditions, giving information on various aspects that are related to market dynamics, like obstacles, drivers, as well in terms of threats, opportunities, and new developments within the industry. In the conclusion, the research provides an in-depth analysis as well as expert advice concerning how to manage the post-COIVD-19 period.

The method of research used to determine and forecast the size of this market begins with gathering the earnings of the most prominent players, as well as their market share. Multiple secondary sources like annual reports as well as press releases and non-profit organizations, and associations of government agencies, industries as well as customs data, were utilized to uncover and collect data for this thorough analysis of the market. The analysis based on this leads to the size of the market. When we arrived at the market size that was analyzed, the market was then divided into different segments and sub-segments. These were confirmed by extensive interviews with industry experts such as directors, CEOs as well as VPS, and executives. Data triangulation and market breakdown techniques were employed to complete the process of market engineering to obtain the precise figures for each segment and sub-segment.

A handful of the most vital questions that are covered in this post:* What speed, growth rate, or market acceleration rate will be carried out in the coming months? What are the primary driving factors of the Merchant Cash Advance market? How big was the expanding Merchant Cash Advance market by value in 2021? How big is the future Merchant Cash Advance market in 2030? Which region is most likely to have the biggest market segment in the Merchant Cash Advance market? What issues, trends, and challenges can impact the growth and size of the Global Merchant Cash Advance market?* What is the sale volume as well as the revenue as well as cost analyses of the most prominent manufacturers of the Merchant Cash Advance market?

Years that are considered in the document* Historical Years: 2016-2021* Base Year: 2021* Estimated Year: 2022* Merchant Cash Advance Market Forecast Period: 2022-2030

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Kentucky Derby 2022: Cash Purse, Latest Vegas Odds Payouts and More | Launderer’s report https://thearcmarion.org/kentucky-derby-2022-cash-purse-latest-vegas-odds-payouts-and-more-launderers-report/ Fri, 06 May 2022 21:44:32 +0000 https://thearcmarion.org/kentucky-derby-2022-cash-purse-latest-vegas-odds-payouts-and-more-launderers-report/ 0 of 3 Andy Lyons/Getty Images The 2022 Kentucky Derby is upon us, and on Saturday fans will be treated to the best two minutes of sports. Naturally, the Derby is a major event in its own right, one of the sport’s biggest Tier 1 stakes races and a one-day celebration. It is also the […]]]>

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    Andy Lyons/Getty Images

    The 2022 Kentucky Derby is upon us, and on Saturday fans will be treated to the best two minutes of sports.

    Naturally, the Derby is a major event in its own right, one of the sport’s biggest Tier 1 stakes races and a one-day celebration. It is also the first jewel of the Triple Crown, and the winning horse will earn a shot in history.

    We haven’t had a Triple Crown winner since Justify in 2018, and we’ve only had two (American Pharaoh) since the 1970s. The Triple Crown is the ultimate honor in American Thoroughbred racing and an award that trainers and breeders dream of achieving.

    But to win the Triple Crown, which also includes the Preakness Stakes and the Belmont Stakes, you must first win the Kentucky Derby. There are no singular overwhelming favorites in this year’s field of 20, so there should be plenty of drama leading up to and during the race.

    Here’s everything you need to know about the 148th running of the Kentucky Derby.

1 of 3

    Ezra Shaw/Getty Images

    Or: Churchill Downs in Louisville, Kentucky

    When: Saturday May 7

    Weather: 6:57 p.m. ET

    Television and live broadcast: NBC, NBCSports.com, NBC Sports app and Peacock

    Qualification: Three year old Thoroughbred

    Prize money: $3 million scholarship ($1.86 million payout to winner)

2 out of 3

    Andy Lyons/Getty Images

    1. Mo Donegal 7-1

    2. Happy Jack 23-1

    3. Epicenter 9-2

    4. Summer is tomorrow 46-1

    5. Happy smile 14-1

    6. Messier 7-1

    7. Crown Pride 16-1

    8. Charge it 12-1

    9. Tiz the Bomb 25-1

    10. Zandon 8-1

    11. Pioneer of Medina 56-1

    12. Taiba 5-1

    13. Simplification 43-1

    14. Barber Road 40-1

    15. White Abarrio 10-1

    16. Cyberknife 16-1

    17. Classic Causeway 73-1

    19. Porto Tawny 69-1

    19. Zozos 39-1

    20. Rich Strike 99-1

    * Odds via official Kentucky Derby website and accurate as of Friday afternoon.

3 out of 3

    Andy Lyons/Getty Images

    As mentioned earlier, there are no individual big favorites in this year’s race, but rather a group of favorites. Tabia has the best odds at 5-1, while Messier and Mo Donegal are close at 7-1. Zandon (8-1) and Epicenter (9-2) are also among Friday favorites.

    Tabia and Messier may stand out for some racing fans, as both were coached by Tom Yakteen. Yakteen took over from Hall of Fame trainer Bob Baffert, who is serving a two-year ban from Churchill Downs following Medina Spirit’s disqualification last year for the anti-inflammatory steroid betamethasone.

    “I think no matter how these horses run, they’ll be Bob’s,” fellow trainer D. Wayne Lukas said, according to John Cherwa of the Los Angeles Times. “Now the general public, many of them, won’t know the difference. [But] all the horse people will know they belong to Bob.”

    Lukas was supposed to have a horse in the Derby, but Ethereal Road was scratched on Friday morning. According to Jay Privman of the Daily Racing Forum, Lukas has not returned calls or commented on his withdrawal from Ethereal Road.

    Ethereal Road will be replaced in the lineup by Strike Rich, a horse trained by Eric Reed who last placed third in the Jeff Ruby Steaks Stakes at Turfway Park in early April. According to Churchill Downs PRRattle N Roll – another horse also eligible alongside Strike Rich – was also retired.

    While a changing field will impact the Derby, the weather could be an even bigger factor.

    “There is a traffic jam in the atmosphere later this week, and that will slow the progress of a storm system moving through the Ohio Valley around the time of the Kentucky Derby festivities,” said meteorologist Renee Duff. , according to Accuweather’s Mary Gilbert. .

    Botched conditions could spell trouble for some of the fastest horses, like Neil Greenberg of the Washington Post recently explained.

    “Historically, one-dimensional lead runners have not performed well in the mud of the Kentucky Derby. They have not touched the plateau – finishing first, second, or third – in any of the last four Kentucky Derbys contested on a track not fast, and don’t think you’re competitive here either,” Greenberg wrote.

    The mud could allow a long shot like Pioneer of Medina or Summer Is Tomorrow to stun on Saturday, and the weather will be worth watching before leaning too heavily on favorites.

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US senators introduce bill to help FTC return money to scam victims https://thearcmarion.org/us-senators-introduce-bill-to-help-ftc-return-money-to-scam-victims/ Thu, 05 May 2022 01:28:00 +0000 https://thearcmarion.org/us-senators-introduce-bill-to-help-ftc-return-money-to-scam-victims/ Signage is seen at the Federal Trade Commission headquarters in Washington, DC REUTERS/Andrew Kelly Join now for FREE unlimited access to Reuters.com Register WASHINGTON, May 4 (Reuters) – Four Democratic senators, including Senators Maria Cantwell and Amy Klobuchar, have introduced a bill that would allow the U.S. Federal Trade Commission to return money to victims […]]]>

Signage is seen at the Federal Trade Commission headquarters in Washington, DC REUTERS/Andrew Kelly

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WASHINGTON, May 4 (Reuters) – Four Democratic senators, including Senators Maria Cantwell and Amy Klobuchar, have introduced a bill that would allow the U.S. Federal Trade Commission to return money to victims of scams, Cantwell’s office said in a statement Wednesday.

The bill would explicitly give the FTC the power to ask a judge to order money back, even if the unlawful conduct has ceased. The commission lost that authority when the Supreme Court ruled that it had overstepped its fight against deception and fraud.

Any assistance will have to be “in the public interest”, his office said. The bill creates a 10-year statute of limitations, according to a copy of the bill released by his office.

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The FTC had been pursuing companies and scammers for decades to recover funds, but was stopped in April 2021 by the Supreme Court, which found the agency had gone further than it legally could by seeking court orders. to compel fraudsters to return money.

In the five years prior to the ruling, the FTC returned $11.2 billion to consumers, Cantwell’s office said.

The FTC needs Congress to give it express authority to recover those funds. The House of Representatives passed a similar law last year.

Business groups have complained that the FTC has been too aggressive.

“For decades, the FTC has used this authority to return billions of dollars owed to consumers and small businesses who have been scammed, defrauded, deceived, or excluded from competitive markets,” Cantwell said in a statement. “Our bill restores that power so that the commission can resume its work on behalf of victims.”

In addition to Cantwell, chairman of the Senate Commerce Committee, and Klobuchar, chairman of the Senate Judiciary Antitrust Subcommittee, the bill was introduced by Senators Ben Ray Luján and Raphael Warnock.

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Reporting by Diane Bartz. Editing by Gerry Doyle

Our standards: The Thomson Reuters Trust Principles.

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Black money has helped utilities subsidize coal-fired power plants, delaying climate action at the expense of taxpayers https://thearcmarion.org/black-money-has-helped-utilities-subsidize-coal-fired-power-plants-delaying-climate-action-at-the-expense-of-taxpayers/ Tue, 03 May 2022 08:08:19 +0000 https://thearcmarion.org/black-money-has-helped-utilities-subsidize-coal-fired-power-plants-delaying-climate-action-at-the-expense-of-taxpayers/ This story originated from Energy Information Network and Eye on Ohio and is part of ‘Climate & Democracy‘, a series from the Global Journalism Collaboration Cover the climate now. It’s been three years since Ohio lawmakers first introduced the power plant bailout legislation that is now at the heart of the biggest corruption case in […]]]>

This story originated from Energy Information Network and Eye on Ohio and is part of ‘Climate & Democracy‘, a series from the Global Journalism Collaboration Cover the climate now.

It’s been three years since Ohio lawmakers first introduced the power plant bailout legislation that is now at the heart of the biggest corruption case in state history.

Since the passage of House Bill 6 in 2019, an FBI investigation uncovered a $60 million bribery scheme, resulting in vast admissions by FirstEnergy — a utility company at the heart of the scandal — and guilty pleas from three defendants in a federal criminal case.

Beyond that, however, accountability was slow in coming, and HB 6, which also dumped the state clean energy standardsstay in the books.

Just like the Intergovernmental Panel on Climate Change last report notes how vested interests have blocked progress on climate change mitigation, the HB 6 scandal shows how utility, fossil fuel, and nuclear interests have framed Ohio’s energy policy, even when that policy Conflicts with voter preferences on renewable energy.

“In Ohio, in the aftermath of HB 6, we see how energy issues are tied to the state of our democracy,” said Neil Waggoner, Ohio Senior Campaign Representative for the Beyond Campaign. Sierra Club Coal.

Even after the corruption was exposed in 2020, elected state leaders failed to fully investigate and address the issue, Wagoner continued. Instead, key people involved in HB 6 stayed on. House Speaker Larry Householder, who was arrested by the FBI in July 2020, won re-election and served until June 2021. In fact, the 45 lawmakers who supported HB 6 and were up for election in November 2020 won their races.

“They dug in and fought to maintain the status quo,” Wagoner said.

“It’s part of this larger question of why we give disproportionate influence to special interests in our politics,” said Matthew Hodgetts, an environmental policy expert at Case Western Reserve University in Cleveland. A small number of very wealthy individuals and corporations “have basically monopolized climate policy for generations now.”

And, he adds, “they are very open about what they do.”

High stakes

Ohio is a major energy producer and a major source of emissions, with a carbon footprint comparable to countries such as Spain or the United Arab Emirates.

In 2020, Ohio, with the seventh largest population, used the the fourth largest amount of electricity between all the states. About 81% of Ohio net electricity production comes from fossil fuels.

After a 2008 straight prepare the ground for a competitive marketannounced campaign contributions from utility, nuclear and coal interests jumped substantially. FirstEnergy gave more than $560,000 in 2010 and nearly $785,000 in 2012. Combined donations from the utilities, coal and nuclear industries topped $3.3 million in 2018.

But reported campaign donations don’t tell the whole story.

The 2010 Supreme Court decision in Citizens United v. Federal Election Commission allowed even higher levels of unreported political spending through for-profit or non-profit organizations.

FirstEnergy and others who donated to black money groups had a lot to gain from HB 6. The law provided approximately $1 billion in statewide taxpayer subsidies for two former FirstEnergy nuclear power plants over a six-year period. HB 6 also codified subsidies for two 1950s coal-fired power plants owned by other companies. These grants cost approximately $240 million since the beginning of 2020, while adding approximately 23 million tons of greenhouse gas in the air.

Houseer, the former House speaker, will face trial on criminal charges next year, along with lobbyist Matt Borges, who previously chaired the Ohio Republican Party. Two others people and the black money group Build Now filed guilty pleas. Another co-defendant, lobbyist Neil Clark, died of an apparent suicide last year after writing a book that says it all which, among other things, claims Ohio Governor Mike DeWine received a $5 million bribe from FirstEnergy.

FirstEnergy has also involved former Ohio Public Utilities Commission Chairman Sam Randazzo. DeWine was apparently Told that Randazzo had close ties to FirstEnergy prior to the appointment in early 2019. Randazzo’s anti-renewable position was well known.

Randazzo has denied any wrongdoing but resigned in November 2020, days after FBI agents raided his home. Before that, Randazzo helped shape HB 6. And he directed PUCO’s actions on calls for repeal and a full regulatory investigation.

Dominated by black money

the alleged crimes in the HB 6 scandal, the focus was on bribery, money laundering, and conspiracy by public officials and others as part of a corrupt racketeering enterprise.

Spending a lot of money on politics is not in itself a crime. Below United Citizenscorporations can spend almost unlimited amounts on political or advocacy issues, as long as the spending is not coordinated with a candidate’s campaign.

Yet the line between what is coordinated and what is not can become blurred. The money may pass through several organizations before being spent on advertisements or other activities. And reporting on funders of different groups is limited to non-existent. Any reporting that occurs often comes more than a year after the election.

These circumstances make it nearly impossible for voters to be fully informed on which business interests push different agendas. There is also little accountability for many misleading political ads. Ads to thwart a referendum on HB 6 touted a fake Chinese conspiracyfor example.

Common Cause Ohio, the Brennan Center for Justice and Voters’ Right to Know advocated for legislative fixes. For example, any group’s “independent” advertisement may be required to identify the group’s top three funders when running or sending an advertisement. This might help somewhat, but would still require some detective work if the backers themselves are other dark money groups.

“Nobody knows where that money is coming from. So there’s a lack of accountability,” said Ohio Rep. Juanita Brent, D-Cleveland Heights.

And corporate lobbyists and others who fund black money groups often want to stay in the shadows.

“FirstEnergy Corp. used the 501(c)(4) corporate form as a mechanism to conceal payments for the benefit of public officials and in exchange for official action,” said a company statement admitted in July 2021.

Many politicians also have little incentive to demand detailed reporting on black money.

“You’re not going to hold the purse strings accountable because you depend on the money,” said Ashley Brown, a former PUCO commissioner who headed the Harvard Electricity Policy Group.

Rig the system

If enough people are dissatisfied with the elected representatives, they can theoretically elect them. But gerrymandering effectively ensured one-party rule in the Ohio legislature, making it difficult for voters to hold politicians accountable for unpopular political actions.

“We think they can get away with it because they’re so safe in these districts,” Ohio Sen. Nickie Antonio, D-Lakewood, said. Since 2013, Republicans have enjoyed supermajorities in both houses of the General Assembly, while also holding the governorship.

In statewide elections over the past decade, approximately 54% of Ohioans voted Republican, compared to 46% Democrat. Yet mapping practices such as “cracking” and “packinggave Republicans non-veto majorities of nearly 76% in the Ohio Senate and about 64% in the Ohio house.

Election measures in 2015 and 2018 amended the state constitution to establish a redistricting commission. The goal was to use a transparent process to reflect voter preferences statewide without undue advantages for either party.

Yet, so far, the Supreme Court of Ohio has four times rejected the maps of the GOP-dominated redistricting commission for the Ohio General Assembly. April deposits by the members of the commission argue that they should not be detained in contempt for a last-minute change of slightly modified versions of earlier unconstitutional maps for those developed by independent cartographers.

It’s unclear what will happen with the Ohio gerrymandering crisis. For now, bills for a complete repeal of HB 6 remain stalled in the Ohio legislature. And even if nuclear subsidies are gone, propose repeals from close $288,000 per day for subsidies to coal-fired power stations have stalled since October. AEP Ohio, Duke Energy, AES Ohio and Ohio Valley Electric Corporation all testified against both bills. One of the two 1950s subsidized factories isn’t even in Ohio.

“We are seeing democratic erosion,” said Case Western’s Hodgetts. “And yet we seem powerless to stop it. … In the end, we ended up in a place where politics really isn’t run by the people.

Click here to subscribe to Eye on Utilities, providing periodic updates on Ohio utility news in the wake of the HB 6 corruption scandal.

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No tax refund yet? Why Your IRS Money Might Be Late https://thearcmarion.org/no-tax-refund-yet-why-your-irs-money-might-be-late/ Sun, 01 May 2022 17:45:03 +0000 https://thearcmarion.org/no-tax-refund-yet-why-your-irs-money-might-be-late/ This story is part Taxes 2022CNET’s coverage of the best tax software and everything you need to file your return quickly, accurately and on time. The taxes were due two weeks ago. If you are not one of the approximately 130 million filers who have submitted their 2021 tax returns, you must do it as […]]]>

This story is part Taxes 2022CNET’s coverage of the best tax software and everything you need to file your return quickly, accurately and on time.

The taxes were due two weeks ago. If you are not one of the approximately 130 million filers who have submitted their 2021 tax returns, you must do it as soon as possible for claim your tax refund or avoid penalties and interest if you must.

File your tax return electronically with direct deposit should give you a tax refund in about 21 days, according to the IRS. If you’ve been waiting for more than three weeks and a refund hasn’t arrived yet, there may be a problem or your tax situation simply needs further processing.

In a March bulletin, the IRS noted that some tax refunds may take slightly longer than the expected 21-day period and also warned taxpayers “not to count on receiving a refund before a certain date, especially when making large purchases or paying bills.”

Here are 10 of the most common reasons IRS money is delayed this year. To find out more, find the best free tax softwaresee how track your refund to your bank account or mail boxesand learn to create an IRS account online.

Your tax return contains errors or is incomplete

When you file your tax return, it’s important to check all the information you’ve included to make sure it’s accurate. For example, do not confuse the number of state taxes withheld with federal taxes withheld. Before submitting your taxes to the IRS, simply take a look to correct any potential errors and make sure you have completed each field.

Also, if you received child tax credit payments last year, make sure the amount Letter 6419 is the amount you received. If an incorrect amount is entered, the IRS will need to examine your tax return further, which the agency says will result in a “significant delay.”

Note that if there is an issue that needs to be resolved after you submit your return, the IRS will first attempt to proceed without contacting you. This means that it may take days or weeks before you know there is a problem.

You owe money to the IRS

If you owe the IRS back taxes, the agency may take all or part of your tax refund to pay off that debt. If your refund contains more money than you owe, you will receive the remaining balance by direct deposit or by check in the mail, but this may be delayed. Taxpayers whose refunds are used by the IRS to cover existing payment obligations should receive a CP49 notice by mail.

Even if you don’t owe the IRS any money, the agency may keep your tax refund money if you have other debts to state or federal agencies. The Treasury Compensation Program allows the IRS to take all or part of your tax refund to pay obligations such as child support, state taxes, or reimbursement of unemployment benefits. Such debts could delay the arrival of your remaining tax refund or eliminate it altogether.


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Your bank details are incorrect

Have you changed your bank account since your last tax return? If so, pay close attention to what the direct deposit information says when you file your return this year. If you accidentally forget to update it with your new direct deposit details, your refund will be returned to the IRS. This will likely result in a paper check being sent to your doorstep, which could take several weeks longer to arrive.

You filed a paper tax return

This year, the IRS is encouraging taxpayers to file electronically and set up direct deposit to collect their refunds faster. With mail delays, it may take the IRS a while to receive your return in the mail and even longer to issue a paper check.

Filing your return online rather than by mail is more important than ever this year to avoid late refunds, according to the IRS. Instead of a paper tax return, use one of these free online tax filing services so you don’t have to wait to receive your money.

You didn’t enter your stimulus payments correctly

In 2021, most Americans received a third stimulus check payment tied to the Covid-19 pandemic. Although this money is not taxable, it must be reconciled on your tax return if you are claiming the salvage rebate credit.

In recent testimony before the House Ways and Means Committee, IRS Commissioner Charles P. Retting said that in 2020, the IRS “received well over 10 million returns” where taxpayers did not properly reconcile their stimulus payments with the amounts entered for their refund. credits. These returns require manual review and create long delays.

If you plan to claim the recovery refund credit on your tax return, learn how to avoid this mistake by using IRS Letter 6475 or your online IRS account.

tax-credit-child-stimulus-payment-cash-300-a-month-per-kid-2021-cnet-how-to-claim-015

To get a quick tax refund, be sure to enter your child tax advance payments correctly.

Sarah Tew/CNET

You filed Form 8379, Injured Spouse Allowance

It sounds painful, but this form has nothing to do with physical injuries or disabilities.

When a married couple jointly files a federal debt, the IRS can garnish their tax refund to offset the money they owe. If only half of the couple owes the money, the other partner may be considered “aggrieved” and claim at least part of the expected tax refund. Enter IRS Form 8379.

Although not as common as some of the other causes, this late tax refund is significant. According to the Form 8379 instructions, taxpayers filing the form should expect a processing time of up to 14 weeks, or up to 11 weeks if filing electronically.

The IRS suspects identity theft

If the IRS flags a tax return as having a possible risk of identity theft, the agency will hold your refund until your identity is verified. When this happens, you will likely receive a 5071C letter with instructions for proving your identity. If your tax return is legit, don’t panic – a letter from the IRS doesn’t mean there’s proof of identity theft, just a suspicion.

Taxpayers can verify their identity on the IRS website, which currently requires create an ID.me account, or by calling a dedicated phone number listed on the IRS letter. If these methods fail, you will need to schedule an in-person appointment at a local IRS office.

One method to avoid delays related to identity theft is to create an “Identity Protection PIN” or IP-PIN. This unique six-digit identifier is known only to you and the IRS and prevents anyone from filing a return on your behalf. The IP PIN will only last for one year – you will need to create a new one next tax season if you want the same level of identity protection. You will need an ID.me account to create an IP PIN online, although it is possible to acquire an IP PIN using IRS form 15227 (PDF) and a phone interview or appointment in person.

You have completed Form 1040-NR to request a refund of tax withheld on a Form 1042-S

Although this reason is rare, it can significantly delay your tax refund. Non-resident aliens in the United States who earn taxable income may receive Form 1042-S, Foreign Person’s US Source Income Subject to Withholding. This form often applies to non-Americans who receive scholarships while attending college in the United States.

To recover the money withheld as a tax refund, foreigners who receive Forms 1042-S will need to file a 1040-NR return. The IRS says it needs more time to process these returns, up to six months after the return was filed or when the 1040-NR was due, whichever is later.

You have filed an amended tax return

It can happen to anyone – you forgot a form or major deduction, or you accidentally chose the wrong filing status. If the change to your return is significant enough, you will want to file an amended return. The IRS allows anyone who files their tax return electronically to also file their amended return, but only for the current year.

If you file an amended return, you will need to be patient. The IRS warns that amended returns can take up to 16 weeks to process. Before filing an amended return, you may want to wait to receive the tax refund from your original return. The IRS can often correct small errors and adjust your tax refund accordingly. The agency provides an online tool to help you determine if you need to file an amended return.

Your statement requires further investigation

As mentioned above, if you see a message that your tax return needs further review by the IRS, you can expect your refund to arrive later than the three-week average. For example, if you receive a CP07 notice, it means the IRS has received your tax return and is holding your refund until it completes further review. You may receive this notice if you claim treaty benefits or deductions in the Schedule A (PDF) section of your taxes.

If the agency finds no issues, your refund could arrive in six to 12 weeks, assuming no tax is due. If the IRS finds any issues with your return, they will send you a notice with instructions on what to do within that same time frame. This means that you will receive your refund months later than expected.

For more information, here are the most important dates and deadlines to file your taxes. As well, here are 10 tax changes which may affect the amount of your refund, and 13 deductions and tax credits to boost your refund.

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Michael Farr Interview: “On The Money” with Mark Hamrick https://thearcmarion.org/michael-farr-interview-on-the-money-with-mark-hamrick/ Fri, 29 Apr 2022 00:48:39 +0000 https://thearcmarion.org/michael-farr-interview-on-the-money-with-mark-hamrick/ If you’ve listened to network radio or watched CNBC over the years, you’ve probably listened to or watched Michael Farr. First as Founder and CEO of Farr, Miller and Washington, and now also as Chief Market Strategist at High Tower Advisors, Farr uniquely understands the intersection of financial markets and Washington politics, as a long-time […]]]>

If you’ve listened to network radio or watched CNBC over the years, you’ve probably listened to or watched Michael Farr. First as Founder and CEO of Farr, Miller and Washington, and now also as Chief Market Strategist at High Tower Advisors, Farr uniquely understands the intersection of financial markets and Washington politics, as a long-time resident of the nation’s capital.

In this episode, Farr begins by noting that he wasn’t always interested in money management (2:46), before teaching English and coaching baseball at a prep school in La New England. At 25, he knew he wanted to pursue another career and made the transition to Wall Street.

Money lessons from childhood

When advising people about investing, Farr says he relies on lessons he learned from his father, including that money is used to keep people safe (7:19). He adds that this is “not a game” or “a time to see how smart we can be with your money”. Farr says his approach is to take less risk while trying to get “the highest return,” which he likens to threading a needle. After that, he says, a typical conversation involves understanding the client’s appetite for risk, managing expectations, and identifying financial goals (8:30).

Invest, don’t speculate

In today’s fast-paced media environment, Farr says the sense of urgency many people feel about making a quick buck runs counter to being truly a investor. “You’re not an investor if you don’t have the time. Without time, you’re a speculator,” Farr says. He says there’s an opportunity for investors “to shrug off that short-term noise,” using Disney’s recent stock market turmoil as an example where long-term performance might warrant a look.

The democratization of investment

With investors having increased access to stock trading and information, Farr says the democratization of investing has been a positive development overall. On the other hand, with meme stock frenzies, including last year’s GameStop phenomenon and the excitement around NFTs, Farr warns, “if it’s too good to be true, it’s too good to be true. beautiful to be true” (15:03). “Money is hard to earn,” he says.

Don’t forget the bonds

After the recent sharp rise in bond yields, Farr says, “bond allocation depends on client risk parameters, not the bond market” (19:24). Accordingly, Farr says that one does not make a decision about bond investing based on the market, but rather the decision is based on the needs of the client. He uses the example of a 70-year-old investor who cannot afford a sharp drop in stock prices and is looking for exposure to fixed income securities to protect himself and reduce volatility (20:05). Farr says higher bond yields could start attracting more dollars from investors.

As with golf, some invest in “swing thoughts”

In closing, Farr offered some basic thoughts on investing that people should remember. He suggests investors ask a few key questions: “Am I committing for the long term?” Also, “Will this investment last for the long term”, i.e., can it survive a potentially large drop in price.

Farr says long-term investors will inevitably experience some volatility, but can be supported by focusing on historical positive stock market performance.

Farr adds, “It’s time, not timing, that will make money for you as an investor.”

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Should I pay college loans with money from an inherited IRA? https://thearcmarion.org/should-i-pay-college-loans-with-money-from-an-inherited-ira/ Wed, 27 Apr 2022 09:30:00 +0000 https://thearcmarion.org/should-i-pay-college-loans-with-money-from-an-inherited-ira/ Q. My son is graduating from college this year and has about $50,000 in student loans. I never wanted him to borrow, but we didn’t have enough to pay cash. Now I inherited an IRA and want to use that money to pay off his loans. I am still working and also saving for my […]]]>

Q. My son is graduating from college this year and has about $50,000 in student loans. I never wanted him to borrow, but we didn’t have enough to pay cash. Now I inherited an IRA and want to use that money to pay off his loans. I am still working and also saving for my retirement. Do I have to pay it all at once or do I just have to cover its monthly payments?

– Dad

A. That’s an excellent question.

First, be aware that the U.S. Department of Education has extended the student loan payment pause through August 31, 2022. This means for eligible loans, a suspension of loan payments, an interest rate of 0% and no recovery on defaulted loans.

Before making a decision, consider that you will pay federal and state taxes when you withdraw from the inherited IRA, Bill Connington of Connington Wealth Management told Paramus.

“It would be important to know how much tax you will have to pay, which will reduce the amount of dollars you have to pay the debt,” he said. “Liquishing that inherited IRA can push you into the next tax bracket.”

Taxes are also an issue when you decide to pay the loans in a lump sum or with monthly payments, he said.

“If you look at it as a lump sum, you have to pay all the taxes up front and that might push you into a different tax bracket, whereas monthly payments would cover your RMD on that account and might not push you not be at a higher tax bracket.”

But the most important thing is to consider what this inherited IRA means for your retirement.

While getting rid of student debt is admirable, you won’t be able to borrow money to fund your retirement. So make sure you can afford to make those payments for your son before you do anything.

Send your questions to Ask@NJMoneyHelp.com.

Karin Price Mueller writes the Bamboos column for NJ Advance Media and is the founder of NJMoneyHelp.com. Follow NJMoneyHelp on Twitter @NJMoneyHelp. To find NJMoneyHelp on Facebook. Register for NJMoneyHelp.comit is weekly e-newsletter.

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3 Great Gifts for the Money-Conscious Graduate in Your Life https://thearcmarion.org/3-great-gifts-for-the-money-conscious-graduate-in-your-life/ Mon, 25 Apr 2022 10:00:12 +0000 https://thearcmarion.org/3-great-gifts-for-the-money-conscious-graduate-in-your-life/ Image source: Getty Images Looking for a grad gift that will go further than a check? Key points A contribution to the IRA can lay the foundation for a solid retirement plan. Take the learning outside the classroom with one of our favorite personal finance books. Make it personal by arranging a meeting with an […]]]>

Image source: Getty Images

Looking for a grad gift that will go further than a check?


Key points

  • A contribution to the IRA can lay the foundation for a solid retirement plan.
  • Take the learning outside the classroom with one of our favorite personal finance books.
  • Make it personal by arranging a meeting with an expert who can provide sound, objective advice.

Graduation gifts can be many things: a sign of support, an investment in the future, and even a learning experience. This year, don’t settle for cash. Give your graduate a gift that will keep on giving for years to come. Here are three great freebies to consider.

1. Boost their IRA

Just because your graduate has earned an income doesn’t mean they can afford to put it aside for the future. Giving a contribution to an Individual Retirement Account can go a long way toward a brighter retirement. In fact, with an assumed annual growth rate of 10%, an investment of $500 today could grow to over $30,000 by the time a new graduate is ready to retire.

Want that money to go even further? Consider saving it in a Roth IRA. With a Roth IRA, retirement savings can grow tax-free, which could result in thousands of dollars in tax savings down the road. Most graduates are below the contribution phase-out threshold and may find themselves in the lowest tax bracket of their working lives.

2. Offer the gift of knowledge

While your grad is in learning mode, why not give them one last reading assignment? A personal finance book can help build strong financial habits when a graduate is about to earn a living.

Is your graduate interested in investing? Check out these 6 great books for investors

Most personal finance books cover the basic concepts of financial well-being, from income to expense, and from saving to investing. However, some books are more suitable for certain readers. your money or your life by Vicki Robin and Joseph R. Dominguez is one of my favorite books on finance, but a recent med grad might understand better The investor in a white coat by Dr. James Dahle. Alternatively, if your graduate is more interested in the behavioral side of finance, dollars and common sense by Jeff Kreisler and Dan Ariely is a great read.

3. Call in the experts

For something as personal as personal finances, it’s often a good idea to meet with a professional who can customize a plan to suit your graduate’s situation. A financial advisor can provide a wealth of knowledge, from budgeting and investing to optimizing new employee benefits. For a graduate entering the workforce for the first time, a roadmap to financial success can be an invaluable tool in times of change.

Learn more: The Best Financial Literacy Apps for 2022

If you already have a financial advisor, ask them to meet with your graduate one-on-one to create a financial plan. Alternatively, many advisors cater specifically to new graduates by offering products such as a graduate financial advice pack. Expect to pay upwards of $200 per hour for these services, which can be pre-packaged or billed by the hour. Entering the working world is an incredible opportunity to learn and hone financial skills, and the advice of a financial planner can guide you.

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North Korean hackers still have access to the money they stole from Axie Infinity https://thearcmarion.org/north-korean-hackers-still-have-access-to-the-money-they-stole-from-axie-infinity/ Sat, 23 Apr 2022 17:31:34 +0000 https://thearcmarion.org/north-korean-hackers-still-have-access-to-the-money-they-stole-from-axie-infinity/ Placeholder while loading article actions The North Korean hackers who committed one of the biggest cryptocurrency thefts of all time last month are still laundering their loot more than a week after being identified as the thieves. Cybercriminals’ continued access to money, over $600 million stolen from the Axie Infinity video game, underscores the limits […]]]>
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The North Korean hackers who committed one of the biggest cryptocurrency thefts of all time last month are still laundering their loot more than a week after being identified as the thieves.

Cybercriminals’ continued access to money, over $600 million stolen from the Axie Infinity video game, underscores the limits of law enforcement’s ability to stop the flow of illicit cryptocurrency across the globe. Hackers continue to move their loot, most recently around $4.5 million of Ethereum currency on Friday, according to data from cryptocurrency tracking site Etherscan – eight days after the Treasury Department attempted to freeze these assets by sanctioning the digital wallet used by the group. his attack.

The gang, which the Treasury Department has identified as the Lazarus Group, also known for the 2014 Sony Pictures hack, has so far laundered nearly $100 million — about 17% — of the stolen crypto, according to the blockchain analytics company Elliptic. They moved their loot beyond the immediate reach of US authorities by converting it into the cryptocurrency Ethereum, which, unlike the cryptocurrency they stole, cannot be remotely hindered. Since then, the gang has worked to obscure the origins of crypto primarily by sending remittances through a program called Tornado Cash, a service known as a mixer that aggregates digital assets to hide their owners.

Among the top hacking nations, North Korea is the weirdest

Authorities and major players in the crypto industry are scrambling to keep up. The Treasury sanctioned three other addresses associated with the gang on Friday, as Binance, a major international crypto exchange, announcement it had frozen $5.8 million worth of crypto that hackers had transferred to its platform.

The cat-and-mouse game between law enforcement and North Korean hackers is another example of how criminals have learned to target weak spots in the growing crypto economy. They exploit faulty code in decentralized crypto platforms, use tools that help them cover their tracks such as converting assets into privacy-enhancing cryptocurrencies like Monero, and take advantage of the uneven coordination of law enforcement. order across international borders.

The North Korean case also shines a light on a crypto industry eager to demonstrate its reliability to regulators, investors, and customers, while maintaining the freewheeling spirit of crypto. Some of the biggest companies in the industry say they support government oversight and tout their investments in internal compliance programs.

Yet a Washington Post review of Treasury Department-sanctioned crypto accounts over the past year and a half found four wallets that remained free to transact months after being blacklisted by the Treasury. ‘administration. The apparent failures are due to faulty or incomplete compliance programs by Tether and Center Consortium, a pair of companies involved in issuing so-called stablecoins, a type of cryptocurrency whose value is tied to an external asset, usually the dollar.

“We are at a particularly important time: everyone is still learning what is possible and how attacks can occur, and the borderless nature of cryptography makes it difficult to apply standards at scale. globally,” said Chris DePow, chief compliance officer at Elliptic. “These are people who act all over the world. Even if you apply very well in one jurisdiction, if there are other jurisdictions with weaker application, you are still going to end up with a problem.

Digital Thieves are on course for a banner year. They stole $1.3 billion worth of cryptocurrency in the first three months of the year, after seizing $3.2 billion in 2021, according to blockchain data firm Chainalysis. The hackers managed another one major heist last Sunday, stealing around $76 million worth of digital assets from a crypto project called Beanstalk, according to data from Etherscan.

North Korean Hackers Linked to $620M Axie Infinity Crypto Heist

As the successes of cybercriminals increase, so does the urgency for US authorities, who have come to view the attacks as threats to national security. The Lazarus Group, for its part, is a major source of funding for North Korea’s nuclear and ballistic missile programs, according to United Nations investigators. And last spring, Russian hackers temporarily hampered the operations of a critical US fuel pipeline and the world’s largest meat supplier, only relenting after collecting multi-million dollar ransoms in cryptocurrency. . (Much of the Colonial Pipeline ransom was later recovered.)

The Russian invasion of Ukraine sharpened the attention of policy makers on the issue. Some lawmakers worry that the Russian government and oligarchs could use crypto to evade international sanctions stifling their access to traditional financial channels.

So far they haven’t. “It’s hard to imagine that happening using crypto,” Treasury Secretary Janet Yellen said Thursday. But the ministry also signals that it is not taking any risks. He imposed sanctions on Russian crypto-mining firm Bitriver and 10 of its subsidiaries on Wednesday, saying in a statement that the Biden administration is “committed to ensuring that no asset, no matter how complex, becomes a mechanism for Putin’s regime to offset the impact of the sanctions.”

Crypto Industry Says It’s Complying With Russian Sanctions, As Some Policymakers Sound The Alarm

US authorities also continue to target Russian cybercriminals and the crypto platforms they rely on to enable their attacks. Earlier this month, US law enforcement announced the closure of Russia’s Hydra Market, a dark net marketplace that allegedly sells hacked personal information, drugs and hacking services.

As part of the crackdown, the Treasury also sanctioned Garantex, a Russian crypto exchange that the department said had handled more than $100 million in illegal transactions, including $2.6 million associated with Hydra. The Treasury said the move was based on sanctions it enacted last year against two other Russian crypto exchanges, Suex and Chatex, which all operated from the same office tower in Moscow’s financial district. .

The designations mean that any crypto company interacting with the US financial system should block transactions with sanctioned entities, Elliptic’s DePow said. Yet The Post’s review found that neither Tether nor Center Consortium blocked all transactions involving sanctioned addresses.

Tether continues to allow transactions with crypto accounts believed to be owned by Chatex, more than half of whose activity was related to illicit or high-risk activities, including ransomware attacks, according to the Treasury. A Tether address received and then sent around $15,000 as recently as April 19, according to a Post review of Etherscan blockchain data. Another has received, then sent, nearly $42,000 in the past six months.

In a statement, Tether said it “conducts constant market monitoring to ensure that there are no irregular movements or actions that could contravene applicable international sanctions.” Chatex did not respond to requests for comment.

Not all transactions involving sanctioned addresses are bad: sometimes traditional exchanges pool funds held in sanctioned accounts that no longer benefit the accused hackers who previously owned them. And sometimes the Treasury approves individual transactions with sanctioned accounts

Russia arrests 14 suspected members of the REvil ransomware gang, including an American hacker who allegedly carried out an attack on the colonial pipeline

Separately, Center Consortium – a joint venture between US crypto firms Coinbase and Circle that issues USD Coin, the second-largest stablecoin – failed to freeze three wallets belonging to Russian hackers for up to months. after the Treasury sanctioned them. Two of the accounts, blacklisted in September 2020, belong to Artem Lifshits and Anton Andreyev, employees of the Russian hacking group that led the country’s interference in the 2016 US presidential election. A third was associated with Yevgeniy Polyanin , which the Treasury sanctioned in November for carrying out ransomware attacks as part of the REvil cybercriminal gang.

Center only froze those wallets on March 29, when a spokesperson said the company conducted a review of the sanctioned accounts and found it “just didn’t catch those addresses.” The wallets did not make any transactions during this period.

“We are constantly reviewing what we are doing to ensure we are at the cutting edge of compliance,” the Center spokesperson said. “Through this review, we identified three addresses that had been missed and acted immediately.”

The Treasury requires U.S. companies to freeze sanctioned accounts as soon as it blacklists them and reports they have done so within 10 days, said John Smith, former director of the department’s Office of Foreign Assets Control. and now a partner at Morrison & Foerster. The department can apply harsh penalties to violators even if they didn’t know they weren’t compliant, he said, though it tends to focus on more serious cases.

“They pursue entities or individuals who they believe have intentionally or recklessly violated the sanctions,” Smith said.

A Treasury spokesman did not respond to a request for comment.

Neither did Tornado, when approached through a Founder. This mixer is how whoever stole $75 million from the Beanstalk project also laundered their product. This upset investor AJ Pikul, who said he lost around $150,000 in the hack. “I’m not very happy at all about being able to launder money via crypto, to be honest,” he told The Post via email.

“I feel like we’re in a digital arms race between the good guys and the bad guys,” he said.

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