Seizure of Bitfinex funds is a reminder that crypto is no good for money launderers
Law enforcement’s robust capacity to follow the money on the blockchain is good news for the crypto industry. Go to Source Powered by WPeMatico
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FBI is launching team to address crypto exploitation: US Deputy Attorney General
“The currency might be virtual, but the message to companies is concrete: if you report to us, we can follow the money and not only help you, but hopefully prevent the next victim,” said Lisa Monaco. Go to Source Powered by WPeMatico
Making sense of the Bitfinex Bitcoin billions
What happened with the Bitfinex hack? What does it mean now that the U.S. has the Bitcoin? Why is LEO token mooning and why is Netflix involved? Go to Source Powered by WPeMatico
Bitfinex-backed LEO soars to record high on supply crunch expectations
The token surged almost 70% in a day after the U.S. Department of Justice announced that it had recovered most of the stolen funds from the 2016 Bitfinex hack. Go to Source Powered by WPeMatico
DoJ seizes $3.6B in crypto and arrests two in connection with 2016 Bitfinex hack
“The department once again showed how it can and will follow the money, no matter what form it takes,” said Deputy Attorney General Lisa Monaco. Go to Source Powered by WPeMatico
Crypto tumblers, exchanges under microscope as DOJ launches new task force
Under the pretext of holding corrupt actors accountable, the new taskforce will address crimes related to the criminal misuse of cryptocurrency. Go to Source Powered by WPeMatico
US Justice Dept is selling $56M in crypto to compensate victims of BitConnect’s fraud
“This liquidation is the largest single recovery of a cryptocurrency fraud by the United States to date,” said the Justice Department. Go to Source Powered by WPeMatico
How will DOJ’s new crypto enforcement team change the game for industry players, good and bad?
In a bid to catch up with cybercriminals, the Justice Department is pooling all crypto expertise in one place. Go to Source Powered by WPeMatico
US Justice Dept announces launch of national crypto enforcement team
“We need to make sure that folks can have confidence when they’re using these systems and we need to make sure we’re poised to root out abuse that can take hold on them,” said Lisa Monaco. Go to Source Powered by WPeMatico
Digital intelligence must overcome challenges to solving crypto crimes
Changing an intelligence agency’s perspective on crypto crime is the next step toward a successful crypto investigation. Go to Source Powered by WPeMatico
