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Category: seized crypto
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Cryptocurrency Worth $435 Million Seized by 12 UK Police Forces in Five Years
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German Prosecutors Hire Local Bank to ‘Clean’ Seized Crypto Worth $113 Million
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DOJ Selling Cryptocurrency Seized From Bitconnect Worth $56 Million
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Finland Looking for Brokers to Sell Seized Bitcoins Worth $80 Million
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Lithuania Rakes in 6.4 Million Euros From Selling Seized Cryptocurrencies
Lithuania’s tax authority has sold the cryptocurrencies it previously seized for 6.4 million euros (approximately $7.6 million). The three cryptocurrencies confiscated were bitcoin, ether, and monero. This was the first time the tax authority sold seized cryptocurrencies. Lithuania Sold Seized Cryptocurrencies The State Tax Inspectorate (STI) under the Ministry of Finance of the Republic of […]
The post Lithuania Rakes in 6.4 Million Euros From Selling Seized Cryptocurrencies appeared first on Bitcoin News.
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Chainalysis Launches Program to Store and Sell Seized Crypto Assets for Governments
The blockchain intelligence and surveillance company Chainalysis revealed the launch of a new program that aims to help governments and insolvency practitioners sell seized cryptocurrencies. The news follows the recent U.S. government seizure of more than 69,000 BTC worth over $1 billion on November 3. Blockchain surveillance firm Chainalysis announced the launch of a new […]
The post Chainalysis Launches Program to Store and Sell Seized Crypto Assets for Governments appeared first on Bitcoin News.
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RBI Ban Stops Indian Police From Cashing Out Seized Crypto
The effects of banking restrictions by the Reserve Bank of India (RBI) have reached an Indian police department. The police sold some cryptocurrencies they seized only to find out that they cannot access the Rs 8.42 crore (~$1.2 million) proceeds due to the current RBI banking ban. Also read: India’s Popular ‘Who Wants to Be […]
The post RBI Ban Stops Indian Police From Cashing Out Seized Crypto appeared first on Bitcoin News.
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