New Japanese law may allow seizure of stolen crypto

Under the current variation of the law, there is no explicit procedure outlined for law enforcement officers to seize illegally obtained crypto from crime organizations.

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NuGenesis LedgerX: A Decentralized Exchange with Centralized Benefits

Canadian Government Makes Unprecedented Warrantless Seizure of Citizens’ Crypto Wallets On February 17, 2022, the Canadian Government announced that “The names of both individuals and entities, as well as crypto wallets, have been shared by the Royal Canadian Mounted Police, with financial institutions and accounts having been frozen and more accounts will be frozen.

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Seizure of Bitfinex funds is a reminder that crypto is no good for money launderers

Law enforcement’s robust capacity to follow the money on the blockchain is good news for the crypto industry.

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FBI Is Forming A National Crypto Unit, Focusing On The Seizure Of Bitcoin, Cryptos

According to Reuters, the U.S. Justice Department has just appointed Eun Young Choi, an experienced computer crimes prosecutor to head its new national cryptocurrency enforcement department. This is according to an announcement on Thursday by Deputy Attorney general Lisa Monaco during the Munich Cyber Security Conference in Germany. Young is well known for his role […]

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Breaking: FBI Is Forming A National Crypto Unit, Focusing On The Seizure Of Bitcoin, Cryptos

According to Reuters, the U.S. Justice Department has just appointed Eun Young Choi, an experienced computer crimes prosecutor to head its new national cryptocurrency enforcement department. This is according to an announcement on Thursday by Deputy Attorney general Lisa Monaco during the Munich Cyber Security Conference in Germany. Young is well known for his role […]

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Kosovo police seize 300 crypto mining machines amid electricity shortages

The country’s Minister for Economy tweeted that the seizure of crypto mining machines will save “tens of thousands of Euros per month,” providing “energy for hundreds of Kosovar families.”

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Police Conduct South Australia's Record-Breaking Crypto Seizure

A record-breaking amount of crypto was confiscated during a drug bust in South Australia

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New Australian ransomware plan allows for seizure of crypto

Australian authorities will be able to seize or freeze cryptocurrencies linked to cybercrime under new legislation.

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Brazil’s Police Force Seizes 591 Bitcoin In Country’s Largest Crypto Seizure

The Brazilian Police Force confiscated 591 bitcoin amounting to 150 million Brazilian real (about $28.6 million) in a crackdown on a suspected fraudulent scheme. According to a CNN Brazil report, federal police as part of “Operation Kryptos” – an ongoing investigation of an alleged financial pyramid scheme arrested 5 persons in connection with the crime […]

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Largest Crypto Seizure In Australia: Police Seize $6M Worth Of Digital Currency

The percentage of illegal crypto transactions, according to this Chainalysis report, is about 2% of total transactions. Although the majority of cryptocurrency transactions is not illegal, it is increasingly being used for criminal activities.

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Watch Police Crush 1,069 Bitcoin Mining Rigs With a Huge Steamroller

1,069 Mining Rigs Crushed Law enforcement officials in Malaysia seized 1,069 bitcoin mining rigs before crushing them all with a big steamroller last week.  The seizure was a part of a joint operation between police officers in the city of Miri and Sarawak Energy, an electric utility company in Malaysia, to crack down on crypto […]

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British police seize $250 million worth of cryptocurrency

This is the second and the largest crypto seizure by the UK police in…

The post British police seize $250 million worth of cryptocurrency appeared first on Coin Journal.

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U.K. Police Seize $250 Million Worth of Crypto

The Metropolitan Police have announced the U.K.’s biggest seizure of cryptocurrencies to date

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Israel Begins Seizure of Bitcoin Donations Collected by Hamas

Israel’s Defense Minister Benny Gantz has ordered the seizure of cryptocurrency funds raised by the Palestinian Islamist movement Hamas. His department has reportedly started taking control over digital wallets used by the terrorist group to collect crypto donations from abroad.

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Israeli defense minister authorizes seizure of Hamas-tied crypto accounts

Hamas' efforts to raise funds via crypto had reportedly accelerated following the 11-day war between Israel and the organization in May of this year.

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Israel’s New President Sworn in with an NFT, Ministry of Defense Orders Seizure of Crypto Wallets

The Bank of Israel Deputy Governor is also more concerned about financial stability, citing the rush to cryptos than inflation as such “enough reasons to be patient” with monetary policy and to allow it to be accommodative enough to continue to support the economy.

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Israeli Government orders seizure of Hamas-linked crypto wallets

The country’s Minister of Defence Benjamin Gantz signed the order for crypto wallets associated… The post Israeli Government orders seizure of Hamas-linked crypto wallets appeared first on Coin Journal.

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Koreans REKT: Kimchi Premium All But Vanishes, Authorities Seize $47M in Crypto from Tax Evaders

While officials conduct the largest “crypto seizure for back taxes in Korean history,” FSC Chairman warns that cryptos can crash into nothing if exchanges are not approved under the VASP license. Koreans meanwhile remain more interested in Doge and XRP than BTC and ETH.

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FBI Agent Recovers Private Key to $2.3M in Bitcoin Paid to Colonial Pipeline Hackers

U.S. law enforcement officials from the Justice Department on Monday announced the seizure of $2.3 million dollars worth of crypto assets that were paid to the Colonial Pipeline hackers. Deputy Attorney General Lisa Monaco explained during a news conference that federal agents “recaptured the majority of the ransom Colonial paid to the Darkside network.” FBI […]

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Turkish customs confiscate over 500 smuggled Bitcoin mining rigs

Turkey’s biggest bust against crypto mining smugglers resulted in the seizure of $600,000 worth of illegal Bitcoin ASIC miners and the detention of four suspects.

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Elon Musk Sends BTC Below $46,000, Promotes XRP While IRS Plans Seizure of Debtors' Crypto: Day in Video With U.Today

Follow us on TikTok and find out why Bitcoin (BTC) lost $12,000 in no time

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Court Enforces Seizure of Korean Crypto Exchange Bithumb’s Shares

South Korean regulators have seized the share of the local cryptocurrency exchange Bithumb from its major investor. The move has been in connection with an ongoing case of the exchange for allegedly defrauding its clients, reported local media.

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Korean authorities raid Bithumb crypto exchange again

South Korean police have reportedly raided Bithumb cryptocurrency exchange offices again in an additional seizure search according to The Seoul Newspaper. Much like the first raid that took place on 2The post Korean authorities raid Bithumb crypto exchange again appeared first on AMBCrypto.

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Suspected North Korean Hackers Move Bitcoin Worth $140K From Forfeited Account

Suspected North Korean hackers on Monday moved 12 bitcoin, worth about $140,000, from one of 280 accounts the U. S. Department of Justice (DoJ) has targeted for seizure. The funds have been wired into an anonymous wallet, according to Whale Alert, a bot that tracks notable crypto transactions.

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Japanese Court Orders Seizure of Cryptocurrency Linked to Coincheck Hack of 2018

A court in Tokyo, Japan has ordered the seizure of crypto assets that have been traced back to the Coincheck hack of January 2018, The Japan Times reported Wednesday. More than $530 million worth of the NEM (XEM) cryptocurrency was stolen from the exchange two years ago in what turned out to be the crypto […] The post Japanese Court Orders Seizure of Cryptocurrency Linked to Coincheck Hack of 2018 appeared first on Bitcoin News.

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A Japanese Court Just Ordered the Nation’s First Cryptocurrency Seizure

A Tokyo court sets a precedent in the Japanese crypto industry.

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US DoJ Seizes Millions in Crypto Funds From Al-Qaeda and ISIS Networks

Justice Department announces the largest ever seizure of terrorist-bound crypto assets today in Washington, DC.

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Bitcoin Investor Sues IRS for Unlawful Seizure of Financial Records at 3 Crypto Exchanges

Bitcoin investor Jim Harper has sued the U. S. Internal Revenue Service (IRS), its commissioner, and a number of federal agents. He alleged that they unlawfully seized his private financial information from three cryptocurrency exchanges.

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Judge Rejects Multimillion Dollar Asset Plea in Vanbex Crypto Fraud Case

A Supreme Court judge in Canada has upheld the seizure of assets in a crypto fraud case

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P2P Bitcoin Trading Platform LocalBitcoins Leaves Iranian Crypto Traders Dry

About the author: Ali is an independent cryptocurrency researcher based in Iran. By CCN: LocalBitcoins. com, the world’s most-popular peer-to-peer bitcoin trading platform, has begun restricting its service for Iranian users this week.

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Dutch Authorities Shut Down Bestmixer

The Dutch Financial Intelligence and Investigation Service (FIOD) has shut down cryptomixing site Bestmixer. io. According to local media, Dutch authorities moved to shut down the site on May 22, 2019, as part of a joint operation with police agencies from several European nations, including France, Latvia and Luxembourg.

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Website Providing Links to Illicit Crypto Marketplaces Seized

A website that provided a link between the regular internet and dark web marketplaces offering illegal goods and services in exchange for crypto has been seized. Deep Dot Web went down earlier today with a seizure notice detailing the authorities involved with the bust.

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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General

Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.

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Not as Dark as You Think: Darkweb Drug Sting Seizes $4.5 Million in Crypto

By CCN. com: The Joint Criminal Opioid and Darknet Enforcement (J-CODE) team announced 61 arrests today and the seizure of millions in cryptocurrency as a result of Operation SaboTor, an effort targeting international drug traffickers operating on the dark web.

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Bitcoin Auctioned For Over $300,000 Euros After Police Apprehended Drug-Related Crypto Funds

Bitcoin And Similar Tokens Auctioned For Over $330,000 Euros After Police Seizure Many people associate Bitcoin with crimes. This is a twisted vision that is often this way because people do not understand the asset very well, but they know of old stories like the Silk Road, the illegal marketplace in which people used Bitcoin […]

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Canadian Police Call Bitcoin Expert Witness In $1.4 Million BTC Case

CipherTrace, a blockchain forensics company, makes headlines today for its role in the seizure of $1. 4 million in bitcoins that may have been destined for illicit usage. In the resulting court case, David Jevans, CEO of CipherTrace was called upon to serve as the first ever Bitcoin expert witness.

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Polish Authorities Seize Over $10 Million Dollars From DasCoin Crypto MLM Scam

Polish authorities seized over 44 million PLN ($11. 6 million dollars) from DasCoin, a Ponzi scheme company that scammed users with fraudulent investments. According to local reports, Ewa Bialik, a spokesperson of the National Public Prosecutor’s Office confirmed the recent seizure of these funds.

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OneCoin Crypto Ponzi Gets German Court to Release 3 Million Euro in Stolen Funds

German Court Releases 3M Euro in Stolen Funds OneCoin convinced a German court to release 3M EUR in funds accumulated by prosecutors from ponzi schmes. The funds were frozen by BaFin, Germany’s financial regulator, as a larger seizure back in April 2017.

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Who Snatched My Bitcoin Bag? Asset Seizure And Cryptocurrency

The primary goals of various organized crime syndicates is usually nothing more than financial gain. As a consequence, the primary job of various law enforcement agencies is to neutralize the proceeds of crime and send a clear message to society that crime doesn’t pay.

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