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Israel Has Seized 190 Binance Accounts With Alleged Terrorist Ties Since 2021: Reuters
5.5.2023
Israeli authorities say the accounts on crypto exchange Binance belonged to individuals affiliated with Daesh and Hamas
Global Dark Web Crackdown: 288 Arrested, Drugs, Guns, and Crypto Seized
3.5.2023
The US and international law enforcement have made 288 arrests and seized over $53 million in cash and cryptocurrency as part of a major dark web crackdown.
In a Tuesday press release, the US Justice Department said the operation, started in 2021, spanned across the United States, Europe,...
Legal Twist Let South Korean Treasury Make $3.7m from Seized Crypto
3.5.2023
A legal twist allowed the South Korean Treasury to make a large profit on crypto seized by law enforcers in 2018 – and liquidated while Bitcoin (BTC) was trading for just under $40,000.
Recently published legal documentation shows that the Busan District Prosecutor’s Office seized coins “worth...
JPMorgan Chase Assumes Control of First Republic Bank Following Seizure by California Regulators
1.5.2023
On May 1, 2023, the California Department of Financial Protection and Innovation (DFPI) seized First Republic Bank, placing it into Federal Deposit Insurance Corporation (FDIC) receivership. According to reports, this move came after the bank’s financial troubles made it insolvent and unable...
Sotheby's Auctioning Off Rare NFTs From 3AC's Seized Collection
19.4.2023
The auction house said that 3AC's Grails collection includes "some of the most significant digital artworks ever assembled."
Police in Kosovo Seize Crypto Mining Rigs From Serbs
16.4.2023
Kosovo police have seized dozens of crypto mining devices from residents of a majority Serb region in the north of the country. Authorities in Pristina and Belgrade exchanged accusations over the move, which has the potential to raise tensions in the ethnically divided, partially recognized Balkan...
US Dollar Could Lose Most of Its Value in 5 Years, Investment Manager Warns
10.4.2023
Investment manager Larry Lepard has warned that the U.S. dollar could lose most of its value within five to 10 years. Following the onset of the Russia-Ukraine war, “the U.S. did something which I perceived to be very stupid, which is it seized $600 billion of Russian currency reserves,...
US Justice Department Seizes Cryptocurrency Worth $112 Million in ‘Pig Butchering’ Crackdown
5.4.2023
The U.S. Department of Justice (DOJ) says it has seized cryptocurrency worth over $112 million linked to fraudulent investment schemes known as “pig butchering.” According to court documents, the seized crypto accounts were allegedly “used to launder proceeds of various...
Seoul Takes Control Over $160 Million in Assets of Former Terraform Employees, Founder
5.4.2023
Authorities in South Korea have reportedly seized assets worth billions of won belonging to former representatives of Terraform Labs. The measure should prevent suspects in the case with the failed blockchain firm from selling property that may have been obtained with criminal proceeds. South...
Rogue Validator Exploits MEV Bots on Ethereum, Resulting in $25.3M in Crypto Losses
4.4.2023
On April 3, 2023, at Ethereum block height 16,964,664, a group of MEV (Maximal Extractable Value) bots were exploited for $25.3 million. An analysis of the exploit revealed that a renegade validator switched the MEV bots’ transactions and seized various crypto tokens, such as 7,460 wrapped...
Former Treasury Official Issues Dire Warning, Bill Ackman Fears Economic ‘Train Wreck,’ US Gov. Remains Top BTC Holder, and More — Week in Review
2.4.2023
Warnings continue to pervade market and financial news this week, with Monica Crowley, former assistant secretary for public affairs for the U.S. Department of the Treasury, indicating “catastrophic” consequences if the U.S. dollar loses its status as the world’s reserve currency....
U.S. Government Sold $216M of Seized Silk Road Bitcoin This Month
31.3.2023
The U.S. sold 9,861.17 bitcoin ($216 million) on March 14, according to a court filing
US Seizes 18 Crypto ATMs Purchased Using Fraudulent SBA Loans — Arrests Owner
27.3.2023
U.S. law enforcement has seized 18 cryptocurrency ATMs that were purchased using fraudulent loans from the Small Business Administration (SBA) meant to assist small businesses financially harmed by the Covid-19 pandemic. The loans were also used to purchase bitcoin from a New York-based...
US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion
26.3.2023
As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that...
Seized exchange Bitzlato allows users to withdraw 50% of Bitcoin
22.3.2023
Bitzlato is yet to resolve the issue with the remaining 50% of user funds and may eventually compensate using its own funds
Crypto Exchange Bitzlato Restores User Access to Half of Bitcoin Balances, Report
22.3.2023
Bitzlato users can now partially withdraw their bitcoin funds from the dismantled cryptocurrency exchange, according to a media report. The Russia-linked trading platform was targeted by Western law enforcement and had its France-based server infrastructure seized in January. Bitzlato Customers...
Crypto Exchange Bitzlato Restores Access to User Funds
3.3.2023
Russia-linked cryptocurrency exchange Bitzlato has begun processing withdrawals of digital assets belonging to its customers. The trading platform was shut down in an operation carried out by law enforcement agencies in the U.S. and Europe alleging that it had been used to launder dirty money....
Seized NFTs Worth Millions of Dollars To Be Sold by Three Arrows Capital Liquidators – Here's The Latest
24.2.2023
Liquidators of the now-defunct crypto fund Three Arrows Capital plan to sell some of the firm's NFTs as part of recovery efforts.
In a notice published Wednesday, Teneo, the New York-based liquidation firm tasked with overseeing 3AC's liquidation, said they will put the bankrupt firm’s NFTs...
US Drug Enforcement Agency Seized $1.8M From Binance in 2022
24.2.2023
Binance and the Drug Enforcement Agency disrupted a pipeline that moved cash generated from selling narcotics in Michigan to Mexico via stablecoins
3AC Liquidators to Sell Multi-Million Dollar Portfolio of Seized NFTs
24.2.2023
Teneo, the liquidator for the bankrupt crypto hedge fund, has listed out hundreds of NFTs that are subject to a forthcoming sale