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The U.S. Department of Justice (DOJ) has seized $9 million worth of the USDT stablecoin linked to organizations that exploited victims through "pig butchering" scams. Source
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The funds seized by Tether were linked to a “pig butchering” scam that cost U.S. citizens $3.3 billion in 2022, according to the FBI. Stablecoin issuer Tether reported freezing $225 million worth of its cryptocurrency USDT in a U.S. Department of Justice (DOJ) probe targeting an international human trafficking ring operating
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Singaporean venture capital firm Foresight Ventures has bought a majority stake in The Block, with the crypto media outlet being valued at $70 million. Source
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In a significant move to combat sanctions evasion and illicit financial activities, the US Department of the Treasury’s Office of Foreign Assets
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OFAC targets Ekaterina Zhdanova for laundering over $100m via crypto, evading sanctions for Russian oligarchs and aiding ransomware affiliates. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced sanctions against Ekaterina Zhdanova, a Russian national implicated in significant money laundering operations involving cryptocurrencies. Zhdanova is accused
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The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has sanctioned a crypto operator allegedly connected to the terrorist group Hamas.In an Oct. 18 notice, OFAC announced sanctions for Hamas operatives and financial facilitators following the organization’s attack on Israel. The entities added to
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FTX was hacked in November 2022, hours after the global crypto empire declared bankruptcy and its founder Sam Bankman-Fried stepped down from running the company. Source
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The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has added a crypto wallet allegedly connected to a major international crime syndicate as part of its list of Specially Designated Nationals.In a Sept. 26 announcement, the U.S. Treasury said it had sanctioned 10 individuals,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amid the controversy of Bald meme coin’s abrupt rug pull performance, Wintermute’s Igor Igamberdiev, steps into the spotlight to uncover where the funds have gone. Crypto Twitter has been sent into a tailspin following the alleged rug
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Nearly 10,000 bitcoin (BTC), traced back to the darknet marketplace Silk Road, are seemingly on the move as per two as-yet-unconfirmed transactions. This would mark the most significant shift of Silk Road-related funds in recent months. Silk
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