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Exchanges outdo auctions for governments cashing in criminal crypto, says exec
27.11.2020
Governments are increasingly liquidating crypto assets seized in criminal investigations
Coinflex Launches Noncustodial Interest-Bearing Stablecoin on BCH and ETH Networks
19.11.2020
The cryptocurrency exchange Coinflex has announced the launch of a unique interest-bearing stablecoin called Flexusd. The new stablecoin is considered to be the first dollar-backed crypto that pays interest at the base level. Moreover, the new token is built on the Ethereum blockchain and...
Chainalysis Launches Program to Store and Sell Seized Crypto Assets for Governments
13.11.2020
The blockchain intelligence and surveillance company Chainalysis revealed the launch of a new program that aims to help governments and insolvency practitioners sell seized cryptocurrencies. The news follows the recent U.S. government seizure of more than 69,000 BTC worth over $1 billion...
Leading Auction House Christie’s Listing Bitcoin Art for the First Time
24.9.2020
The world’s largest auction house, Christie’s, will be presenting Bitcoin artwork for the first time. Block 21 of “Portraits of a Mind,” an art project showcasing the original Bitcoin code by Satoshi Nakamoto, will include a painting and a unique digital non-fungible token....
Christie’s to Auction Bitcoin-Inspired Artwork, Associated Non-Fungible Token
23.9.2020
The artwork titled, ‘Portraits of a Mind’ created by the Robert Alice project is a set of 40 paintings made up of a transcription of the code associated with the Bitcoin blockchain
Hollywood Royalty Flexes Crypto-Art Goals: Ashton Kutcher Auctions NFT Digital Art for ETH
21.8.2020
Actor and venture capitalist Ashton Kutcher’s first attempt at digital art, an awful piece titled “The Eye of the Beholder”, is auctioning at Cryptograph. At the time of writing, the highest bid stood at 13.26 ethereum, or about $5,400, with a day to go before the sale ends....
Ransomware Gang Auctions Off US Healthcare Data for Bitcoin
19.6.2020
NetWalker continued to launch ransomware attacks to the healthcare sector during the COVID-19 pandemic
Crypto Exchange Owner Admits Laundering $1.8M in Online Auctions Fraud
12.6.2020
The owner of Romanian crypto exchange CoinFlux has admitted to laundering money in a fraudulent scheme involving fake eBay ads and a car wash
15 People Plead Guilty in Bitcoin-Powered Fake Auctions Case
12.6.2020
The U.S. Department of Justice received two more guilty pleas from Romanian nationals involved in a crypto-fuelled transnational cyber fraud ring on June 11
US Marshals Service Seeks Firm to Custody and Sell Crypto Seized From Criminals
9.6.2020
The U.S. Marshals Service is on the hunt for a contractor to help it store and auction cryptocurrency it seizes in operations against criminals
Ransomware Gang Strikes Again with More Auctions Listing Stolen Data
8.6.2020
Two US-based law firms are the latest victims of the REvil malware group, which is auctioning off their sensitive data
Crypto ‘Dutch Auctions’ Show Promise After $1.76M Offering Sells Out
30.3.2020
The offering saw Solana raise $1.76 million from 8 million tokens that were sold via Dutch auction for between $0.23 and $0.25
Maker Foundation Rejects Accusations of Participation in Its Debt Auctions
23.3.2020
The Maker Foundation dismisses debt auction accusations, stating it has only provided “limited technical assistance to some bidders”
Competition Among Seized Bitcoin Auctions Might Get Tougher
10.3.2020
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...
Ireland Seizes Bitcoin Stash Worth $56M But Can’t Sell for 7 Years
20.2.2020
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...
Swedish Government Auctions Cryptocurrency Again
12.10.2019
The Swedish Enforcement Authority, Kronofogden, is once again auctioning off cryptocurrency that has been allotted for public sale. The online auction, which is the second of this kind the government agency conducts, starts on Friday, October 11. Also read: Sean Walsh: Cryptocurrencies Can Harness...
Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin
3.10.2019
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...
Ethereum Name Service Auctions Halted Because of a Bug
1.10.2019
Ethereum Name Service auctions were halted because of a bug that resulted in names being awarded to wrong users and for lower bids
UK Police Auction Off $294,000 in Stolen Crypto From EtherDelta Hack
1.10.2019
More than $294,000-worth of cryptocurrency confiscated from the teenage hacker of EtherDelta and TalkTalk has been auctioned off