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US government moves nearly 10K Bitcoin worth over $300M related to Silk Road seizure

A cryptocurrency wallet associated with the United States Department of Justice moved approximately 9,825.25 BTC worth around $299 million in a series of transactions on July 12. It’s unclear at this time whether the transactions, which appear to have ultimately propagated to at least 101 new wallets, were sent to exchange

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Seoul Court Greenlights Seizure of Do Kwon’s Assets Worth $176 Million – Bitcoin News

According to a local report, South Korean prosecutors have been given the green light by the Criminal Division of the Seoul Southern District Court to seize assets owned by Do Kwon, the co-founder and former CEO of Terraform Labs. The report discloses that a total of 233.3 billion won ($176

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JPMorgan Chase Assumes Control of First Republic Bank Following Seizure by California Regulators – Bitcoin News

On May 1, 2023, the California Department of Financial Protection and Innovation (DFPI) seized First Republic Bank, placing it into Federal Deposit Insurance Corporation (FDIC) receivership. According to reports, this move came after the bank’s financial troubles made it insolvent and unable to meet its obligations. Following the seizure, JPMorgan

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Turkish Authorities Order Seizure of ‘Suspicious’ FTX Assets

Since Nov. 14, MASAK has also been investigating the exchange's local unit, FTX Turkey. The ongoing investigations have shown that customers' trust was "not duly preserved" by the fallen company, and that authorities have "a strong suspicion of crime" being committed, particularly by Bankman-Fried who "directly or indirectly" controls the

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US Announces ‘Historic $3.36 Billion Cryptocurrency Seizure’ as Silk Road Bitcoin Thief Pleads Guilty – Regulation Bitcoin News

The man who stole over 50,000 bitcoins from the Silk Road marketplace has pleaded guilty. According to the U.S. Department of Justice, “the seizure was then the largest cryptocurrency seizure” in the history of the DOJ and “remains the department’s second-largest financial seizure ever.” Silk Road Exploiter Pleads Guilty The U.S. Department

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