Cryptocurrency Analysis and News Portal
The U.S. government has filed a civil forfeiture action to recover $54 million worth of Ethereum (ETH) previously seized from Christopher Castelluzzo. In a press release on Nov. 2, 2023, the office of the U.S. attorney for the District of New Jersey announced the filing of a civil forfeiture action to recover $54
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The United States Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, issued an alert for financial institutions as part of efforts to identify “suspicious activity” related to funding terrorist groups.In an Oct. 20 notice, FinCEN said that the militant group Hamas — behind the Oct. 7 attack on Israel —
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Adrienne Harris, superintendent of the New York Department of Financial Services, has reportedly said the closure of the crypto-friendly Signature Bank in March had nothing to do with exposure to digital assets.According to an April 5 report in The Wall Street Journal, Harris made the remarks at the Chainalysis Links
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The United States government plans to liquidate more than 41,000 Bitcoin seized as part of the case against Silk Road creator Ross Ulbricht.A March 31 filing with U.S. District Court for the Southern District of New York regarding the case against James Zhong said U.S. government authorities had begun liquidating
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The United States Department of the Treasury added five cryptocurrency addresses tied to a neo-Nazi group involved in Russia’s war on Ukraine to list of entities sanctioned by the Office of Foreign Asset Control.In a Thursday notice, the U.S. Treasury designated 22 individuals and 2 entities, including many the government
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Authorities with South Korea’s customs service have reportedly arrested 16 people involved in illegal foreign exchange transactions connected to crypto assets worth roughly $2 billion.According to a Tuesday report from South Korean news agency Newsis, the country’s customs authorities plan to prosecute two unnamed individuals linked to the illicit transactions,
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Coinbase v. Bielski was filed by California resident Abraham Bielski, who lost over $31,000 after being targeted by a scammer who purported to be a PayPal representative and accessed Bielski’s Coinbase account. Bielski claimed Coinbase provided little help in regaining the lost funds and accused Coinbase of violating the Electronic
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Via a Twitter post on Friday, Changpeng Zhao, CEO of Binance, said that the cryptocurrency exchange recovered $5.8 million spread over 86 accounts in digital assets moved to the exchange by Lazarus Group. Last month, the North Korean cyber-criminal group allegedly stole 173,600 Ether (ETH) and 25.5 million USD Coin
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As reported by Canadian news outlet The Globe and Mail, the Royal Canadian Mounted Police (Canada's federal police force) sent letters to several cryptocurrency exchanges demanding that they "cease facilitating any transactions" with more than 30 specific cryptocurrency wallet addresses linked to the ongoing truck protests in the country. The
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Ever since the launch of the inter-blockchain communications, or IBC, protocol in March, which enabled the communication and transfer of digital assets across different blockchains, development activity seems to have picked up pace on the Cosmos (ATOM) network.Transaction volumes, the creation of decentralized applications, and the number of chains connected
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