Search
UK Police Seize USB Stick With Ethereum Worth $9.5 Million
15.8.2021
British detectives have seized $22.25 million from operators of an international cryptocurrency scam. Among the items seized was a USB stick containing ethereum worth $9.5 million. The police are now attempting to contact the victims of this scam to return their funds. UK Police Seize Crypto in...
South Korea Proposes Law Allowing Direct Seizure and Sale of Crypto Assets to Pay Overdue Taxes
28.7.2021
The South Korean government has proposed an amendment to the tax code to allow the country’s tax authority to seize and sell cryptocurrencies belonging to delinquent taxpayers. “The revision will allow direct seizing without court-approved change in ownership records. Assets held by...
IRS Will Seize Cryptocurrencies From Investors to Settle Tax Debts, Official Warns
14.5.2021
An official of the U.S. Internal Revenue Service (IRS) has clarified that the agency is prepared to seize cryptocurrencies and sell them to satisfy tax collection if taxpayers fail to meet their tax obligations. Robert Wearing, IRS’ deputy associate chief counsel for Procedure &...
Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades
27.8.2020
Police in South Korea on Wednesday raided and seized the offices of Coinbit, the country’s third largest crypto exchange, over allegations it faked 99% of its trading volume. According to a report from Seoul News, local police took control of Coinbit’s headquarters in Gangnam as well...
Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring
22.7.2020
The “large-scale" money laundering operation ran from 2015 through 2020, police officials allege
Belarus Wants Authorization to Seize Crypto from Criminals
9.3.2020
A state authority in Belarus wants to amend criminal procedure law to give authorities the right to confiscate crypto
Russia Confirms It's Planning Measures To Seize Crypto
5.12.2019
Adding to the legal uncertainty surrounding cryptocurrency in Russia, the country’s Ministry of Internal Affairs has confirmed earlier reports that it is cooperating with the Russian Supreme Court and a number of other federal institutions to prepare draft legislation that would allow...
Canadian Regulators Seize Crypto Exchange Reportedly Owing $16M to Clients
5.11.2019
Regulators in the Canadian province of British Columbia have shut down the Vancouver-based Einstein cryptocurrency exchange
Reserve Bank of India Restricts Indian Police to Seize Crypto Scam Amount
4.10.2019
Legal implications on Banks by the Reserve Bank of India (RBI) have caused trouble for the Pune city police department wanting to cash out seized cryptocurrencies worth of 8.42 crore INR. That amount of Indian currency was acquired by selling 244.0925 Bitcoins. The cryptocurrency was seized from...
Customs Agents Seize Crypto Mining Units Smuggled out of Mongolia
2.10.2019
Russian customs seizes cryptocurrency mining devices at Mongolian border
Authorities Seize Crypto Mining Equipment from Nuclear Power Plant
21.8.2019
Two raids of the South Ukrainian Nuclear Power Plant uncovered GPUs, hard drives, and cooling equipment used to mine cryptocurrencies