Arizona lawmakers are revisiting a previously rejected bill that would allow the state to manage a reserve fund built from seized cryptocurrencies. …
Seized
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Scams
Arizona Senate Passes Bitcoin Reserve Bill for Seized Crypto, Heads to House For Debate
by shayaanby shayaanIn brief The bill passed the Senate 16-14 after procedural manoeuvres and now heads to the House for a final vote. Arizona’s …
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China has announced plans to sell seized digital assets through licensed exchanges in Hong Kong. The initiative is in collaboration with the …
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China is currently deliberating on managing and dealing with the billions of dollars in cryptocurrency confiscated due to illicit activities. Though trading …
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Analysis
Local Chinese Governments Mulling How To Dispose of Growing Stockpile of Seized Crypto Assets: Report
by shayaanby shayaanLocal Chinese governments are reportedly contemplating how to get rid of their burgeoning stashes of seized crypto assets. According to a new …
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Regulation
Russia seeks legal framework for selling seized Bitcoin from criminal activity
by shayaanby shayaanRussia is moving closer to selling Bitcoin confiscated during criminal investigations as officials work to create a legal structure for handling such …
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Markets
Sanctioned Russian Crypto Exchange Garantex Seized, Operators Charged With Money Laundering
by shayaanby shayaanGarantex, a Russian crypto exchange popular with ransomware gangs and darknet markets, has been taken down in an international law enforcement operation, …
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Mining
US Loosens Grip on Seized Bitcoin Mining Rigs, but Many Remain Confiscated
by shayaanby shayaanU.S. authorities have begun releasing seized bitcoin mining equipment after months of scrutiny over Chinese-made chips. Thousands of units are freed, but …
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Markets
U.S. Releases Thousands of Seized Chinese Crypto Mining Equipment : Report
by shayaanby shayaanAs per a latest report from Reuters, the U.S. authorities have recently begun returning Chinese-made equipment that was seized for cryptocurrency mining, …
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Mining
US authorities begin releasing some seized cryptocurrency miners, industry executives say
by shayaanby shayaanDETROIT, March 5 (Reuters) – U.S. authorities have in recent weeks begun releasing seized Chinese-made equipment used for cryptocurrency mining, two industry …