カテゴリー: DEA

Regulations Roundup: U.S. Govt. Pays $5.7 Million for Blockchain Analysis, Amit Bhardwaj’s Assets Seized

Regulations Round-Up: U.S. Govt. Pays $5.7 Million for Blockchain Analysis, Amit Bhardwaj’s Assets SeizedIn recent regulatory news, a report published by Diar has found that U.S. government agencies have paid approximately $5.7 million USD to blockchain analysis contractors, India’s Enforcement Directorate has seized $5.9 Million worth of assets linked to the case of Amit Bhardwaj, and the Bank of International Settlements finds cryptocurrencies to “not, at this point, […]

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Illegal Activity No Longer Dominant Use of Bitcoin: DEA Agent

Illegal Activity No Longer Dominant Use of Bitcoin: DEA AgentA special agent with the U.S. Drug Enforcement Administration (DEA) has reportedly revealed that the use of bitcoin in illegal activities has shrunk to about 10 percent from 90 percent previously. This finding contradicts the popular perception of the cryptocurrency’s primary use. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Data From DEA […]

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US Authorities Seize Over $20M in Crypto in Massive Darknet Crackdown

US Authorities Seize Over $20M in Crypto in Massive Darknet CrackdownUS authorities have revealed that their agents had been operating undercover on the Darknet for the past year. The massive operation uncovered the true identity of over fifty vendors on sites such as Silk Road, Alpha Bay, Hansa, Dream, and more. Over 35 people have already been arrested and goods worth over $23.6 million have been […]

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US Bitcoin Trader Convicted for Illegal Money Transmission and Laundering

Bitcoin Trader Convicted for Illegal Money Transmission and LaunderingThe U.S. government has been cracking down on individuals utilizing the peer-to-peer platform Localbitcoins. This week an Arizona resident named Thomas Costanzo was convicted for money laundering tied to over $164,000 worth of cryptocurrency trades. Also Read: Arizona Localbitcoins Trader Detained by U.S. Homeland Security Two Years Worth of BTC Trades Investigated The U.S. Attorneys Office […]

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75% of $20M Bitcoin Auction from Drug Busts

75% of $20M Bitcoin Auction from Drug BustsNabbed in conjunction with various administrative, civil, and federal prosecutions, the United States Marshals are preparing to auction over 2,000 bitcoin. The official sale is open to all countries, pending requirements, and will commence March 19th, 8am to 2pm Eastern, for a period of six hours. If successful, it could mean over 50 million USD […]

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Your Taxes Paid for a Lot of Blockchain Surveillance Last Year

Your Taxes Paid for a Lot of Blockchain Surveillance Last YearGovernments worldwide have been ramping up regulations for cryptocurrencies and hiring research and blockchain surveillance teams. One firm that tracks transactions on the Bitcoin Core blockchain is called Chainalysis, and this year the company has gathered over a half a million USD on record from various government and law enforcement entities. Also read: South Korean Exchange […]

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Bitcoiners Increasingly Targeted by Police as Prices Yield Large Asset Forfeiture Gains   

Bitcoiners Increasingly Targeted by Police as Prices Yield Large Asset Forfeiture GainsThe Department of Justice has announced another potential auction of seized bitcoin, totalling over 8 million USD. There’s a noticeable uptick in bitcoin-related prosecutions since at least 2014 and the Ross Ulbricht, Silk Road affair. With the price of bitcoin rising to stratospheric heights, the phenomenon has made bitcoiners relatively wealthy; it might have also […]

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Global Police Operation Undermines Darknet Markets

Darknet MarketplacesA major operation orchestrated by the FBI, DEA, Dutch National Police, and Europol managed to infiltrate and undermine the underground infrastructure of two primary interconnected darknet marketplaces.  Also read: Ethereum’s Parity Client Users Lose Millions in a Multi-Sig Hack International investigators officially seized Hansa dark site today along with Alphabay, shutting the sites down. These pages traded roughly 350,000 […]

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