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Seized Crypto

Man Pleads Guilty to Stealing Bitcoin ‘Seized’ by US Government

Man Pleads Guilty to Stealing Bitcoin ‘Seized’ by US GovernmentAn 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 forfeitable properties exceeds $12 million,” said […]

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Cryptocurrency Worth $435 Million Seized by 12 UK Police Forces in Five Years

Cryptocurrency Worth 5 Million Seized by 12 UK Police Forces in Five YearsU.K. police have revealed how much cryptocurrency they have seized in the past five years in response to Freedom of Information requests. The London Metropolitan Police seized more bitcoins than other police boroughs. UK Police Reveal Information About Seized Crypto Twelve of the U.K.’s 43 police forces have seized cryptocurrency worth approximately £322 million ($435 […]

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German Prosecutors Hire Local Bank to ‘Clean’ Seized Crypto Worth $113 Million

German Prosecutors Hire Local Bank to ‘Clean’ Seized Crypto Worth 3 MillionGerman prosecutors have hired a bank to “clean” cryptocurrency seized in criminal cases. “As the cryptocurrencies are related to crime, they are considered ‘contaminated coins’ and cannot be traded on mainstream exchanges,” the bank said. Bank Hired to Clean Cryptocurrency Seized in Criminal Cases The anti-cybercrime unit of the Frankfurt General Prosecutor in the German […]

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DOJ Selling Cryptocurrency Seized From Bitconnect Worth $56 Million

DOJ Selling Cryptocurrency Seized From Bitconnect Worth  MillionThe U.S. Department of Justice (DOJ) is selling cryptocurrency worth $56 million that was seized from the “number one promoter” of Bitconnect, the largest crypto fraud scheme ever charged criminally. Investors were fraudulently induced to invest over $2 billion. The Bitconnect promoter faces a maximum penalty of 20 years in prison. US Selling Crypto Worth […]

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Finland Looking for Brokers to Sell Seized Bitcoins Worth $80 Million

Finland Looking for Brokers to Sell Seized Bitcoins Worth  MillionFinland’s customs authority is looking for brokers to sell 1,981 bitcoins seized in drug cases. The coins are currently worth nearly $80 million. Finland’s customs authority announced Thursday that it is seeking brokers to sell 1,981 bitcoins seized in drug busts, Bloomberg reported, noting that the coins were forfeited to the state by court order. […]

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