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Norwegian Authorities Seize Crypto Worth $6M From Axie Infinity Heist With FBI’s Help
18.2.2023
Norwegian authorities, in collaboration with the Federal Bureau of Investigation (FBI) and the U.S. Department of Justice (DOJ), have allegedly seized about $6 million that was stolen in last year’s Axie Infinity heist. “It is the biggest crypto seizure Norwegian police have ever...
Bitzlato Co-Founder Released After Arrest in Moscow, Pledges Relaunch of Seized Exchange
10.2.2023
Bitzlato Co-Founder Anton Shkurenko Arrested in Russia, Report
9.2.2023
Russian authorities have reportedly arrested the second co-founder of seized cryptocurrency exchange Bitzlato. The man, who recently promised to restore the platform’s operations from Russia, was detained at the request of Interpol and may face extradition to France. Another Co-Founder...
Bitzlato to Restore Operations and Withdrawals From Russia, Co-founder Vows
2.2.2023
Russia-linked cryptocurrency exchange Bitzlato, seized by Western law enforcement, plans to relaunch and permit partial withdrawals, a co-founder announced. Members of the trading platform’s team also intend to relocate the business to the Russian Federation. Co-Founder Says Exchange Will...
Several Crypto Exchange Websites Taken Down in Kazakhstan
26.1.2023
Financial authorities in Kazakhstan have targeted at least five online platforms exchanging cryptocurrencies outside the law. Documents, computer equipment, and cryptocurrency wallets have been seized during searches in the northern part of the country. Kazakhstan’s Financial Watchdog Goes After...
Europol reports $19.5M in crypto seized in enforcement action against Bitzlato
23.1.2023
The operation conducted by authorities across Europe and the U.S. resulted in the arrest of 5 individuals linked to the exchange, including Bitzlato founder Anatoly Legkodymov
FBI Seizes Bitcoin From Overseas Scammers Who Posed as US Law Enforcement Officials
23.1.2023
The Federal Bureau of Investigation (FBI) says it has seized bitcoin worth millions of dollars from overseas scammers targeting the elderly. The scammers posed as members of U.S. law enforcement agencies and tricked the victims into transferring money to them for “safekeeping.” FBI Says...
US Government Seizes $700 Million in Assets From Disgraced FTX Co-Founder Sam Bankman-Fried
21.1.2023
Federal prosecutors have seized $697 million in assets, mostly comprised of more than 56 million Robinhood shares worth $526 million, from FTX co-founder Sam Bankman-Fried. Court filings detailed that the U.S. government seized a series of bank accounts belonging to Bankman-Fried, holding millions...
BitConnect’s Victims to Receive $17M in Restitution Seized From Scam’s Promoter
13.1.2023
A California judge has ordered $17 million in restitution to be paid out to hundreds of victims of the BitConnect Ponzi scheme, the infamous global scam that collapsed in 2018
Robinhood Shares Worth Nearly $500M Seized in FTX Case
9.1.2023
The "seized assets constitute property involved in violations" of crimes such as money laundering and wire fraud the document outlined
Man Pleads Guilty to Stealing Bitcoin ‘Seized’ by US Government
9.1.2023
An Ohio man has pleaded guilty to stealing over 712 bitcoin that was “seized” by the U.S. government in another criminal case. He has agreed to forfeit some bitcoin, ether, and dogecoin as part of his plea. “Due to the increase in market prices, the total value of these...
Report: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40%
6.1.2023
The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8 billion drop in customer deposits. The share price plunge came just days after U.S. prosecutors reportedly seized collapsed crypto exchange FTX’s accounts held at the bank....
Bahamas Regulator Disputes FTX’s Claim About Value of Seized Cryptocurrencies
5.1.2023
The Securities Commission of the Bahamas has disputed FTX’s claim that the value of the cryptocurrencies it seized from the bankrupt crypto exchange was not $3.5 billion. The new FTX chief’s “continued lack of diligence when making public statements concerning the Commission...
Iranian Courts Order Return of Thousands of Seized Crypto Mining Machines: Reports
4.1.2023
The country has been cracking down on mining to deal with power shortages
Iran court orders the release of seized crypto mining equipment
4.1.2023
Judicial rulings require Iranian authorities to release a part of the 150,000 crypto mining equipment previously seized due to energy concerns
Iran Returns Seized Crypto Mining Equipment to Miners
3.1.2023
A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by courts in the Islamic Republic, where unlicensed miners have been blamed for power shortages....
Bahamas Seizes Digital Assets Worth Over $3.5 Billion From Collapsed Crypto Exchange FTX
31.12.2022
The Securities Commission of the Bahamas has revealed that it seized digital assets worth more than $3.5 billion from the collapsed crypto exchange FTX. The regulator explained that the cryptocurrencies were transferred to its wallets “for safekeeping” and “are being held by...
Italy and Albania Bust €15 Million Crypto Investment Scam
23.12.2022
Authorities in Italy and Albania have hit a fraud scheme enticing victims with promises of low-risk investments in cryptocurrencies. During an operation coordinated by Eurojust, investigators from the two countries searched a dozen locations and seized assets and computer equipment. Fraudsters...
South Korean Tax Officials Have Seized Crypto from 5,741 People
20.12.2022
South Korean tax authorities have seized crypto from 5,741 citizens since 2020. Tax officials say the citizens in question were guilty of tax evasion or defaulting on tax bills.
KBS reported that data was released by the National Tax Service (NTS), following a freedom of information request from...
Turkey Investigates Former FTX CEO Sam Bankman-Fried for Fraud, Seizes Assets
25.11.2022
The Turkish government has launched an investigation on the former chief executive of failed cryptocurrency exchange FTX, Sam Bankman-Fried. According to local media, the authorities in Ankara have also seized assets belonging to the founder of the troubled coin trading platform. Turkey’s Financial...