1 / 1 Relevant items tagged with #Forfeiture
Posts: 8
Posts
DOJ Selects Coinbase to Provide Crypto Services to US Marshals Service
279 Crypto Accounts Forfeited to US Government in North Korean Laundering Crackdown
[May 12 11:15 AM] The U.S. District Court for the District of Columbia has ordered the forfeiture of 279 cryptocurrency accounts containing funds linked to alleged hacks of crypto exchanges by North Korean operatives. This measure is a component of a broader U.S…
Report: FTX Co-CEO Ryan Salame in Plea Deal Talks; Private Jet May Be Forfeited
Coinbase wins $470K restitution in insider trading case
[Apr 11, 2023 7:06 PM] The brother of a former Coinbase employee allegedly profited from an insider trading scheme and now has 20 years to repay the funds.
US Government Plans to Sell Over 41,000 Bitcoins Confiscated from Silk Road Hacker
[Apr 1, 2023 11:30 AM] According to a court document filed on March 31, 2023, regarding the sentencing of James Zhong, who stole over 50,000 bitcoin from the Silk Road marketplace, the U.S. government plans to liquidate 41,490 bitcoin “over the course of this…
US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion
[Mar 26, 2023 10:30 AM] As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020…
Former FTX Director Pleads Guilty to Charges of Fraud, Money Laundering, and US Campaign Finance Violations
[Feb 28, 2023 1:36 PM] Roughly 11 days ago, it was reported that Nishad Singh, the former director of engineering at FTX, was working with federal prosecutors to arrange a plea deal. On Tuesday, Singh pleaded guilty to criminal charges and stated, “I am unbelievably…