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8 Months of Inactivity, Then Millions Withdrawn: What’s Going on With the US Government’s Seized Crypto?
24.10.2024
Blockchain monitoring firm Arkham Intelligence has reported that the U.S. government recently initiated a significant transaction, withdrawing $5.4 million from the decentralized finance (defi) platform Aave. This transfer marks the first activity on this specific government-linked address in eight...
Australian feds ‘deciphered’ seed phrase to access suspect’s crypto
2.10.2024
The Australian Federal Police said an analyst cracked the seed phrase to a crypto account belonging to the accused owner of an organized crime messaging app.
Nigerian Scammer’s Crypto Wallet Seized by Kansas Attorney General
6.9.2024
Kansas Attorney General Kris Kobach announced the recovery of an international crypto wallet and stated that the funds will be returned to a Kansas resident defrauded in a crypto scam. This followed a lawsuit against Bimbo Toyin Akinyemi, a Nigerian national accused of the fraud. The court ordered...
China Urged to Establish Unified Crypto Regulations for Seized Digital Assets
5.9.2024
A law professor at the East China University of Political Science and Law has highlighted the urgent need for China to standardize procedures for recovering illicit digital assets due to a rise in cryptocurrency-related crimes. He stressed the lack of uniform standards complicates asset recovery...
Home invaders used machete, Toblerone to rob man of Bitcoin
3.9.2024
For the first time ever, a Scottish court seized Bitcoin from the “technical brains” behind a robbery where a woman was beaten with a Toblerone
Peter Schiff: US Government Will Sell All Seized Bitcoin Before Trump Takes Office
30.7.2024
Speculation is growing that the Biden administration will sell all its seized bitcoin holdings after former President Donald Trump pledged to ensure the U.S. government keeps all of its bitcoins if re-elected. Economist and gold advocate Peter Schiff believes the Biden administration will sell...
Trump won’t sell US BTC if elected, what about seized assets?
28.7.2024
Questions abound concerning the Bitfinex and Silk Road funds if Trump is re-elected
FBI Seizes $2.5M in Crypto From Thailand-Based Pig Butchering Scam Targeting Americans
19.7.2024
The U.S. Attorney’s Office has launched a civil forfeiture action to reclaim cryptocurrency seized by the FBI from international fraudsters involved in “pig butchering” schemes. This initiative aims to return the stolen funds to victims and hold criminals accountable....
German Government’s Bitcoin Holdings Swell Overnight Thanks to Donations
13.7.2024
According to crypto intelligence firm Arkham, the German government’s bitcoin holdings soared by 9,000% in one day, thanks to donations from Bitcoin enthusiasts. Germany had liquidated a $2 billion bitcoin cache through major exchanges, finishing on Friday and leaving its BTC wallet empty...
German Government Now Holds Only 13.11K Seized Bitcoin
10.7.2024
In a series of transactions, the German government has reduced its Bitcoin holdings, losing its status as a “Bitcoin billionaire” in the process. According to data from Arkham, the government has kept offloading a large amount of Bitcoin. The German Government lost its “Bitcoin...
German MP Criticizes Bitcoin Sales, Urges Government to Hold BTC as Reserve Asset
5.7.2024
A German parliament member, Joana Cotar, has criticized the government’s decision to sell seized bitcoin on a large scale, advocating for the cryptocurrency’s use as a strategic reserve. She invited key political figures, including Chancellor Olaf Scholz, to a lecture...
German Government Still Holds Over 40K Bitcoins After Recent Sale, Onchain Data Shows
5.7.2024
The German government has been selling seized bitcoin but still holds more than 40K BTC, worth over $2.3 billion, according to onchain data from blockchain intelligence firm Arkham. These sales are occurring alongside the anticipated Mt. Gox bitcoin distributions. In response to Germany’s...
3 reasons why Bitcoin (BTC) is up today
1.7.2024
Weak tech corporate earnings, spot Bitcoin ETF inflows, and the potential arrival of a new major investor drove Bitcoin price above $63,000
Germany moves more seized Bitcoin – Will BTC hold above $60K
1.7.2024
Historically, traders know the weekend to carry negative sentiments for the crypto industry, especially Bitcoin. Last weekend in June, the crypto market shed millions, with BTC trading below $61,000. Germany has moved more seized BTC during early morning trading hours. Will BTC hold above $63K...
Germany, US governments move $150M in crypto
1.7.2024
The German and US governments make strategic moves with significant Bitcoin and Ethereum transfers, drawing market attention
Interpol Disrupts Scam Networks: 6,745 Bank Accounts Frozen, $2M Crypto Seized, 3,950 Arrested
28.6.2024
Interpol’s Operation First Light, a global initiative involving 61 countries, has disrupted online scam networks by freezing 6,745 bank accounts and seizing assets worth $257 million, including $2 million in cryptocurrency. The operation targeted phishing, investment fraud, fake online...
US Government Transfers $243 Million in Seized Bitcoin to Coinbase
26.6.2024
On June 26, 2024, the U.S. government transferred 3,940 bitcoins, valued at $243 million, originating from a darknet market dealer. This batch of BTC was directed to an exchange address tagged as Coinbase. U.S. Law Enforcement Moves 3,940 Bitcoin The U.S. government executed this transfer of 3,940...
US Government to Report Seized Crypto as ‘Nonmonetary Property’
23.6.2024
The Federal Accounting Standards Advisory Board (FASAB) has clarified that seized crypto assets should be treated as “nonmonetary property” while central bank digital currencies (CBDCs) should be treated as monetary instruments. The federal authority claims that cryptocurrencies...
German Law Enforcement Transfers $425M in Bitcoin From Seized Funds
19.6.2024
Onchain data reveals that an entity likely tied to Germany’s Federal Criminal Police Office (BKA) transferred 6,500 bitcoin, valued at approximately $425 million, on June 19. Arkham Intelligence identified the address on Jan. 31 through its onchain monitoring systems. German Authorities...
Forex and Crypto Investment Fraud Busted in Malaysia, Ten Arrested and Millions Seized
24.5.2024
Malaysian authorities have dismantled a forex investment fraud and cryptocurrency syndicate that had been operating in the country.
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