Bitcoin seizure

US Government Transfers $243 Million in Seized Bitcoin to Coinbase

June 26, 2024 Bitcoin.com

Bitcoin seizure

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 BTC valued at $243 million. This action by […]

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Bitwise files Form S-1 for spot Solana ETF with SEC

Max Keiser Warns of Government Seizing Bitcoin in ETFs — Predicts 1987-Style Crash as BTC Rises to $500K

February 23, 2024 Bitcoin.com

Bitcoin Price Predictions

Bitcoin proponent Max Keiser has warned of potential government seizure of bitcoin held in spot exchange-traded funds (ETFs). He additionally issued a stark warning about a looming 1987-style crash, while simultaneously predicting that the bitcoin’s price will surge past $500,000. Max Keiser’s Crash and Bitcoin Seizure Warnings Bitcoin advocate Max Keiser expressed concerns about spot […]

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Bitwise files Form S-1 for spot Solana ETF with SEC

FBI Seizes Bitcoin From Overseas Scammers Who Posed as US Law Enforcement Officials

January 23, 2023 Bitcoin.com

bitcoin scammers

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 It Has Seized Bitcoin From Scammers Overseas The U.S. Attorney for […]

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Bitwise files Form S-1 for spot Solana ETF with SEC

IRS Expects to Seize Billions of Dollars in Cryptocurrency Next Year — More Than $3.5 Billion in Crypto Seized This Year

November 22, 2021 Bitcoin.com

bitcoin seized

The Internal Revenue Service (IRS) has revealed that $3.5 billion in crypto was seized during the fiscal year 2021. This represents 93% of all funds seized by its criminal investigation unit during the same time period. The agency expects to seize billions of dollars more in cryptocurrency next year. IRS Says It Could Seize Even […]

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Bitwise files Form S-1 for spot Solana ETF with SEC

US Government Has Seized Cryptocurrencies Worth $1.2 Billion So Far This Year

August 5, 2021 Bitcoin.com

bitcoin auction

The U.S. government has seized cryptocurrencies worth $1.2 billion so far this year, according to an Internal Revenue Service director. This is a significant increase from $137 million in crypto seized the previous year. $1.2 Billion in Cryptocurrencies Seized Jarod Koopman, director of cybercrime at the Internal Revenue Service (IRS), shared some information on cryptocurrencies […]

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Bitwise files Form S-1 for spot Solana ETF with SEC

Bitcoin Keys Cannot be Hacked: Skeptics Question the Official Colonial Pipeline Bitcoin Seizure Story

June 9, 2021 Bitcoin.com

$2.3 million

On June 7, the United States Justice Department and the Federal Bureau of Investigation (FBI) announced the “recovery” of 63.70 bitcoin from the funds Colonial Pipeline sent to the hackers. The official story has a number of inconsistencies and federal investigators did not disclose how the FBI was able to confiscate the Darkside gang’s private […]

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Bitwise files Form S-1 for spot Solana ETF with SEC

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

June 7, 2021 Bitcoin.com

$2.3 million

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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Bitwise files Form S-1 for spot Solana ETF with SEC

New Jersey County Liquidates Bitcoin Seized in 2018, Profiting Almost 300%

April 30, 2021 Bitcoin.com

Bitcoin (BTC)

Individuals and companies are not the only ones who take advantage of the significant bitcoin prices surging across the board, despite recent pullbacks. In New Jersey, United States, a county yielded profits after liquidating seized cryptocurrencies during a drug investigation. Authorities Gained Control of the Cryptos in 2019 According to NBC New York, local authorities […]

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Bitwise files Form S-1 for spot Solana ETF with SEC

Tax Authority Seizes Cryptocurrencies Worth $25 Million From Hundreds of Crypto Investors in South Korea

April 24, 2021 Bitcoin.com

bitcoin confiscation

The tax department of the Seoul metropolitan government in South Korea has reportedly seized cryptocurrencies worth about $25 million from hundreds of crypto investors with delinquent taxes. The cryptocurrencies, including bitcoin, were seized from three exchanges. The tax authority is now going after hundreds more taxpayers who are delinquent on paying their taxes. Crypto Seizure […]

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Bitwise files Form S-1 for spot Solana ETF with SEC