First Seizure of Stablecoins Recorded in Argentina as Authorities Disrupt Money Laundering Operation

September 7, 2024 Bitcoin.com

Argentina

In what local media are calling the first operation of its kind, the Argentine judicial system ordered the seizure of nearly $28,600 in stablecoins from a criminal organization that used cryptocurrency to launder millions of dollars. The criminals obtained these funds from two main activities: phone smuggling and operating illegal online casinos. Argentine Justice Orders […]

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Police Take $43,000 Cash From Jewelry Business Under Controversial Law Allowing Warrantless Money Seizures: Report

August 24, 2024 The Daily Hodl

Cash

A small business run by a husband-and-wife duo is reportedly out $43,000 after police decided to seize a cash transfer sent to them through FedEx. Henry and Minh Cheng, who run a small jewelry business, are suing the state of Indiana after police showed up at a FedEx depot and seized a package sent to […]

The post Police Take $43,000 Cash From Jewelry Business Under Controversial Law Allowing Warrantless Money Seizures: Report appeared first on The Daily Hodl.

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

National Power Administration of Paraguay Seizes 693 Miners in Illegal Bitcoin Mining Operation

August 23, 2024 Bitcoin.com

ANDE

The National Power Administration of Paraguay (ANDE) has recently detected and seized an illegal bitcoin mining operation hosting 693 miners. ANDE inspectors detected a tampered meter that failed to register all the energy consumed by the equipment connected to the power grid. The detection was carried out using SCADA systems. Paraguay Keeps Chasing Illegal Bitcoin […]

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Economist Jim Rickards: The Global Clearance and Settlement System Might Collapse After Seizure of Russian Assets

June 3, 2024 Bitcoin.com

bitcoin.com

Jim Rickards, an economist and author of the best-selling book ‘Currency Wars,’ has issued an alert about the possible collapse of the global clearance system. In a recent interview, Rickards noted that Euroclear, a settlement service, holds $200 billion in Russian assets. He further explained that Euroclear could face lawsuits if Western countries seize these […]

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Venezuelan Authorities Seize Over 6,000 Bitcoin Miners in 2 New Operations; Over 17,000 Confiscated In Total

May 26, 2024 Bitcoin.com

Bitcoin (BTC)

Venezuelan authorities led by the National Power Ministry and Corpoelec, the state-owned power company, have seized over 6,000 bitcoin miners in two new operations. The ministry, which recently declared that it would disconnect all bitcoin miners due to its high energy consumption, has already confiscated over 17,000 miners from several mining farms. Venezuelan Authorities Advance […]

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Tether Assists US Government in Seizing $1.4 Million From Unhosted Wallet

March 14, 2024 Bitcoin.com

Tether Assists US Government in Seizing .4 Million From Unhosted Wallet

bitcoin.com

Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, announced that it helped the U.S. government to seize $1.4 million linked to an alleged fraud scheme. According to the Northern District of Illinois U.S. Attorney’s Office, the seizure marks one of the first times that the U.S. has recovered […]

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Police in Kosovo Seize Crypto Mining Rigs From Serbs

April 16, 2023 Bitcoin.com

bills

Kosovo police have seized dozens of crypto mining devices from residents of a majority Serb region in the north of the country. Authorities in Pristina and Belgrade exchanged accusations over the move, which has the potential to raise tensions in the ethnically divided, partially recognized Balkan state. Kosovo Government Cracks Down on Crypto Mining in […]

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Seoul Takes Control Over $160 Million in Assets of Former Terraform Employees, Founder

April 5, 2023 Bitcoin.com

Assets

Authorities in South Korea have reportedly seized assets worth billions of won belonging to former representatives of Terraform Labs. The measure should prevent suspects in the case with the failed blockchain firm from selling property that may have been obtained with criminal proceeds. South Korean Law Enforcement Moves to Seize Terraform-Linked Real Estate, Report Prosecutors […]

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

US Government Plans to Sell Over 41,000 Bitcoins Confiscated from Silk Road Hacker

April 1, 2023 Bitcoin.com

Analytics

According to a court document filed on March 31, 2023, regarding the sentencing of James Zhong, who stole over 50,000 bitcoin from the Silk Road marketplace, the U.S. government plans to liquidate 41,490 bitcoin “over the course of this calendar year.” U.S. Government Discloses Strategy for Selling Confiscated Bitcoin The U.S. government, one of the […]

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Kazakhstan Shuts Down Crypto Exchange That Transferred $34 Million Through Binance

March 10, 2023 Bitcoin.com

Kazakhstan Shuts Down Crypto Exchange That Transferred Million Through Binance

authorization

Authorities in Kazakhstan have busted an illegal crypto trading platform, seizing over $350,000. The exchange allegedly processed almost $34 million in transactions through wallets on Binance, two of which have been blocked during the ongoing investigation. Digital Asset Exchange Making Millions in Turnover Closed Down in Kazakhstan A platform illegally trading cryptocurrencies in Kazakhstan, ABS […]

Seizure

Share this video