#seized

10:11am, 11th May, 2023

How the IRS seized $10B worth of crypto using blockchain analytics

A public-private partnership with blockchain analytics firm Chainalysis has played a key role in helping the Internal Revenue Service solve cryptocurrency-related crimes.

Seized exchange Bitzlato allows users to withdraw 50% of Bitcoin

5:07am, 22nd March, 2023

Crypto Wiki

Seized exchange Bitzlato allows users to withdraw 50% of Bitcoin

Bitzlato is yet to resolve the issue with the remaining 50% of user funds and may eventually compensate using its own funds.

Europol reports $19.5M in crypto seized in enforcement action against Bitzlato

11:29am, 23rd January, 2023

Crypto Wiki

Europol reports $19.5M in crypto seized in enforcement action against Bitzlato

The operation conducted by authorities across Europe and the U.S. resulted in the arrest of 5 individuals linked to the exchange, including Bitzlato founder Anatoly Legkodymov.

Iran court orders the release of seized crypto mining equipment

3:05am, 4th January, 2023

Crypto Wiki

Iran court orders the release of seized crypto mining equipment

Judicial rulings require Iranian authorities to release a part of the 150,000 crypto mining equipment previously seized due to energy concerns.

US Justice Department seized $500K in fiat and crypto from hackers connected to DPRK government

4:23pm, 19th July, 2022

Crypto Wiki

US Justice Department seized $500K in fiat and crypto from hackers connected to DPRK government

Deputy Attorney General Lisa Monaco said authorities relied on victims to report attacks "as soon as those crimes occur" to help recover funds.

Seized crypto safe with US Marshals Service? Not so much, new audit reveals

4:35am, 15th June, 2022

Crypto Wiki

Seized crypto safe with US Marshals Service? Not so much, new audit reveals

OIG’s audit disclosed the lack of documented policies and practices related to the management of seized crypto assets — especially related to the use of inventory spreadsheets.

A life after crime: What happens to crypto seized in criminal investigations?

4:15pm, 5th June, 2022

Crypto Wiki

A life after crime: What happens to crypto seized in criminal investigations?

Like with any kind of property, law enforcement has the right to sell your coins and spend the money.

Agent Smith says Secret Service seized $102M in crypto in 254 cases since 2015

10:42pm, 19th April, 2022

Crypto Wiki

Agent Smith says Secret Service seized $102M in crypto in 254 cases since 2015

The U.S. Secret Service says the immutable and transparent aspect of the blockchain ledger allows the agency to track transactions made by criminals easier than cash in some cases.

Anchorage Digital will custody crypto seized by US Marshals

6:00pm, 28th July, 2021

Crypto Wiki

Anchorage Digital will custody crypto seized by US Marshals

Co-founders Diogo Mónica and Nathan McCauley cited the Anchorage's "stringent processes and procedures" as likely factors in the decision from the federal agency.