The German government could soon have a new chance to re-enter the Bitcoin (BTC) market. After selling its BTC holdings in mid-2024, …
Seized
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China’s local legislature has formally declined to create local rules for disposing of seized cryptocurrency. Instead, it called for national-level regulations from …
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Analysis
FBI Ends Investigation Into Kraken Founder Jesse Powell, Returns Dozens of Seized Computers and Devices: Report
by shayaanby shayaanThe U.S. Federal Bureau of Investigation (FBI) is dropping its investigation into the well-known founder of crypto exchange Kraken, Jesse Powell. According …
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Regulation
Arizona revives bid for seized crypto reserve fund through House Bill 2324
by shayaanby shayaanArizona lawmakers are revisiting a previously rejected bill that would allow the state to manage a reserve fund built from seized cryptocurrencies. …
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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, …