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As US Seized Gold in 1933, Is There a Threat to Bitcoin in the 2020s?


A fragment of the Executive Order 6102. A sharp global recession seems to be inevitable. Could the US or any other government shut down crypto exchanges or ban the ownership of cryptoasset? At first glance, this seems like an extreme and unlikely scenario. However, figures within the crypto...

Competition Among Seized Bitcoin Auctions Might Get Tougher


Belarus could join the growing ranks of countries that allow government agencies and police forces to seize and auction cryptoassets, closing legal loopholes that currently bar the seizure of digital coins. In an interview, Ivan Noskevich, the head of the Belarusian Investigative Committee, told...

Can Bitcoin Be Seized as Self-...


Bitcoin experts elaborate on whether self-proclaimed Bitcoin creator Craig Wright’s claims that Bitcoin can be seized to accommodate court orders are true

Ireland Seizes Bitcoin Stash Worth $56M But Can’t Sell for 7 Years


Ireland’s Criminal Assets Bureau (CAB) seized 6,000 BTC from a Dublin resident who was accused of growing cannabis on property located in the Wicklow Mountain region. The police found around €450,000 of marijuana plants but the €52 million ($56.1M) of BTC was the biggest...

Chinese Police Seize Thousands of Miners, Arrest Dozens of Scammers


In the last couple of days, Chinese media have reported on police forces in one province of the vast Asian country seizing close to 7,000 mining rigs using stolen electricity and in another province arresting 72 multi-level marketing scheme operators for alleged fraud. Also Read: Chinese Regulators...

Canadian Regulator Seizes Troubled Crypto Exchange


The British Columbia Securities Commission has taken control of a cryptocurrency exchange which allegedly owes customers over $12 million. Einstein Exchange had planned to shut down amid complaints, lawsuits, and money laundering investigations. The Canadian regulator has also taken action against...

United Nations Agency Unicef Launches Cryptocurrency Fund


Unicef announced Wednesday that it has launched a cryptocurrency fund and become the first United Nations organization to hold onto its crypto donations. Without converting them into fiat, the fund will hold two cryptocurrencies and disburse them to support projects benefiting children worldwide....

RBI Ban Stops Indian Police From Cashing Out Seized Crypto


The effects of banking restrictions by the Reserve Bank of India (RBI) have reached an Indian police department. The police sold some cryptocurrencies they seized only to find out that they cannot access the Rs 8.42 crore (~$1.2 million) proceeds due to the current RBI banking ban. Also read:...

Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin


Last month, the U.K. police auctioned off roughly $300,000 worth of cryptocurrencies after they were confiscated by the country’s Eastern Region Special Operations Unit (ERSOU). Since 2014, law enforcement agencies worldwide have been auctioning large sums of bitcoin seized during...

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