China is currently deliberating on managing and dealing with the billions of dollars in cryptocurrency confiscated due to illicit activities. Though trading …
Seized
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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 …
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Finance
Farcaster’s Dan Romero predicts US crypto reserves will only retain seized assets, no new purchases
by shayaanby shayaanDecentralized social media platform Farcaster’s co-founder Dan Romero does not see the US government buying any more crypto tokens to add to …
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Finance
U.S. Marshals Service, Managing Seized Assets, Can’t Say How Much Crypto It Holds
by shayaanby shayaanThe U.S. Marshals Service (USMS) is tasked with managing assets seized by law enforcement in the course of criminal investigations, like real …
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Regulation
U.S. Marshals Ignore Senator Cynthia Lummis’ Deadline to Explain Seized Silk Road Bitcoin
by shayaanby shayaanUS authorities are reportedly disregarding pro-crypto Senator Cynthis Lummis’ deadline to explain what happened to the Bitcoin (BTC) seized from the defunct …