Feds Seize $34 Million in Crypto From Unidentified Florida Man

Feds Seize $34 Million in Crypto From Unidentified Florida ManOn April 4, 2022, the Department of Justice (DOJ) and the U.S. Attorney’s Office of South Florida revealed that law enforcement seized $34 million in crypto assets from an unidentified man living in Florida. According to the DOJ, the man allegedly conducted more than 100,000 sales on darknet markets, selling online account information tied to […]

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Report Claims the FBI Uses Bitcoin Mixers During BTC Forfeiture Processing

Report Claims the FBI Uses Bitcoin Mixers During BTC Forfeiture ProcessingOver the last eight years, U.S. law enforcement has seized a great number of bitcoins and at one time, the Federal Bureau of Investigation (FBI) held one of the largest bitcoin wallets after the Silk Road takedown. A recently published report shows the FBI has started using cryptocurrency mixing applications in recent times in order […]

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Another Crypto Exchange Discourages the Use of Bitcoin Mixing Services

The cryptocurrency exchange Binance was recently scrutinized for flagging a customer’s funds because the individual had used a bitcoin mixing application. Now the platform Paxos Global is discouraging the use of crypto mixers after a customer allegedly sent coins to a mixing service. Also read: Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, […]

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As FATF Regulations Galvanize, Crypto Mixing Applications Are Targeted

As FATF Regulations Galvanize, Crypto Mixing Applications Are TargetedSince the inception of Bitcoin, governments have tried to keep track of all the transactions taking place on the public blockchain. As the years progressed, authorities have shown a distaste for cryptocurrency mixing applications like Coinjoin. On Dec. 19, a Binance customer couldn’t withdraw his bitcoin because the exchange told him he used the mixing […]

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How to Keep Bitcoin Cash Transactions Private

How to Keep Bitcoin Cash Transactions PrivateThere are many reasons to keep bitcoin cash transactions private and the top six ways to make them anonymous are outlined in a new video by Bitcoin.com. Meanwhile, the Financial Action Task Force has just released its global guidance for crypto assets, effectively calling on countries and crypto exchanges to strengthen their KYC measures. Also […]

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Privacy-Centric ‘Bob Wallet’ Adds Bitcoin Cash Support

Privacy-Centric 'Bob Wallet' Adds Bitcoin Cash SupportPrivacy is important in the cryptocurrency ecosystem to a large number of individuals, and people believe private transactions are needed badly these days in a society watched by the ‘deep state.’ Because people find privacy to be extremely important, some developers have designed bitcoin mixers and tumblers that help obfuscate cryptocurrency transactions recorded on public […]

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US Secret Service Asks Congress for Help to Prevent Illicit Use of Privacy Coins

US Secret Service Asks Congress for Help to Prevent Illicit Use of Privacy CoinsThe US Secret Service is worried about the illicit use of cryptocurrencies. A high-ranking official of the agency has urged Congress to consider additional legislation to address anonymity-enhanced cryptocurrencies and services intended to obscure transactions on blockchains such as tumblers or mixers. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Undermining US Laws Deputy […]

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