Fei USD(FEI)

The United States Attorney’s Office in Massachusetts filed a civil forfeiture action on Wednesday aimed at returning $2.3 million in cryptocurrency to 37 victims of online scams and fraud.

The Department of Energy's statistics wing is feigning an "emergency" to attack legitimate U.S. businesses and score political points, Texas Blockchain Council President Lee Bratcher and Chamber of Digital Commerce CEO Perianne Boring write.

Lawyer Mark Scott sentenced to 10 years in prison for money laundering in OneCoin scam. Ordered to forfeit $392M.

A United States appeals court has finalized the legal process to officially seize 69,370 bitcoin (BTC) and other cryptocurrencies from the shuttered darknet marketplace Silk Road.

US appeals court confirms forfeiture of 69,370 BTC linked to Ross Ulbricht's Silk Road, marking the end of its legal battle.

The US Court of Appeals for the Ninth Circuit finalized the forfeiture of 69,370 BTC, Bitcoin gold, Bitcoin SV, and Bitcoin Cash, tied to the notorious Silk Road marketplace.

The hacker behind the Nirvana Finance attack has pled guilty, and faces a maxium of five years in prison.

Raiffeisen Bank’s RLB NÖ-Wien is preparing to introduce cryptocurrency trading services to its retail clients in early 2024.

Raiffeisen Bank to offer crypto trading services in EU & Eastern Europe starting Jan 2024, in partnership with Bitpanda.

The bank will start its crypto services to customers in Vienna, in partnership with Bitpanda.

Alongside CZ’s $175 million bond, he posted $15 million in a trust account and agreed to forfeit the cash if he violated his bail conditions.

A counterfeit Skype app is circulating on the Chinese internet, leading to a phishing scam and substantial cryptocurrency theft.

The U.S. Department of Justice says the two jets purchased by Bankman-Fried via FTX are now property that is subject to forfeiture due to charges brought against SBF.

The assets, whose ownership is in dispute, could be used to pay back creditors of Alameda Research and FTX.

Resulting from the investigation, assets worth around $100 million, encompassing US currency, Bitcoin, and real estate, have been mandated for forfeiture.

Exchange has resumed operations, but many are left wondering how such an issue will be prevented.

U.S. District Judge Edgardo Ramos also ordered Greenwood to forfeit $300 million, the approximate amount he pocketed from the scheme.

The Ethereum Foundation's Dankrad Feist says he thinks a lot of people are stumped by the term "data availability," even as the concept gains momentum in blockchain tech circles.

Ryan Salame has agreed to forfeit over $1.5 billion in assets after confessing to campaign finance violations.

Prosecutors say Sam Bankman-Fried used Salame as a “straw donor” to secretly funnel millions of dollars to Republican political candidates.

Friend.tech warned users who choose to jump ship to “forks and copies” will see their existing points forfeited.

A new report from the US FBI reveals it confiscated almost $2 million in cryptocurrencies between March and May 2023. In its latest filing, the Federal Bureau of Investigations (FBI) revealed it seized about $1.7 million in cryptocurrencies from March to May. In an effort to combat illicit activities, the FBI seized crypto assets, including Bitcoin, Ether, Tether, Monero and Dai. The agency reported that most of the confiscations were in ether, with tokens to the value of $800,000 seized. Around $147,000 in Bitcoin (BTC), $307,000 in Tether (USDT), 469,000 in Dai (DAI), and $20,000 in Monero (XMR) were seized. The FBI even managed to seize $200 worth of Dogecoin (DOGE). According to the FBI, the majority of seizures were from Binance accounts. The largest confiscation took place in the Eastern District of Virginia in the form of $463,811 in ether. The agency said most of the seizures came from Florida and Virginia. The FBI further confiscated digital assets in Arizona, California, Connecticut, Georgia, Minnesota, Nebraska, New Mexico, New Jersey, New Hampshire, Illinois, Massachusetts, Louisiana, New York, Ohio, Pennsylvania, and Oklahoma. In its filing, the agency said the asset seizures came about after violations of federal regulations: “The Federal Bureau of Investigation (FBI) gives notice that the property listed below was seized for federal forfeiture for violation of federal law.” The FBI has been cracking down on digital assets used in illicit activities. In February, the agency announced that it confiscated several cryptocurrencies, digital assets, and NFTs worth around $250,000 from two different locations in the US. The agency also announced in March that it launched an investigation into Do Kwon and Terraform Labs. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

A new report from the US FBI reveals it confiscated almost $2 million in cryptocurrencies between March and May 2023. In its latest filing, the Federal Bureau of Investigations (FBI) revealed it seized about $1.7 million in cryptocurrencies from March to May. In an effort to combat illicit activities, the FBI seized crypto assets, including Bitcoin, Ether, Tether, Monero and Dai. The agency reported that most of the confiscations were in ether, with tokens to the value of $800,000 seized. Around $147,000 in Bitcoin (BTC), $307,000 in Tether (USDT), 469,000 in Dai (DAI), and $20,000 in Monero (XMR) were seized. The FBI even managed to seize $200 worth of Dogecoin (DOGE). According to the FBI, the majority of seizures were from Binance accounts. The largest confiscation took place in the Eastern District of Virginia in the form of $463,811 in ether. The agency said most of the seizures came from Florida and Virginia. The FBI further confiscated digital assets in Arizona, California, Connecticut, Georgia, Minnesota, Nebraska, New Mexico, New Jersey, New Hampshire, Illinois, Massachusetts, Louisiana, New York, Ohio, Pennsylvania, and Oklahoma. In its filing, the agency said the asset seizures came about after violations of federal regulations: “The Federal Bureau of Investigation (FBI) gives notice that the property listed below was seized for federal forfeiture for violation of federal law.” The FBI has been cracking down on digital assets used in illicit activities. In February, the agency announced that it confiscated several cryptocurrencies, digital assets, and NFTs worth around $250,000 from two different locations in the US. The agency also announced in March that it launched an investigation into Do Kwon and Terraform Labs. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

In its latest filing,the Federal Bureau of Investigations (FBI) revealed it seized about $1.7 million in cryptocurrencies from March to May. In an effort to combat illicit activities, the FBI seized crypto assets, including Bitcoin, Ether, Tether, Monero and Dai. The agency reported that most of the confiscations were in ether, with tokens to the value of $800,000 seized. Around $147,000 in Bitcoin (BTC), $307,000 in Tether (USDT), 469,000 in Dai (DAI), and $20,000 in Monero (XMR) were seized. The FBI even managed to seize $200 worth of Dogecoin (DOGE). According to the FBI, the majority of seizures were from Binance accounts. The largest confiscation took place in the Eastern District of Virginia in the form of $463,811 in ether. The agency said most of the seizures came from Florida and Virginia. The FBI further confiscated digital assets in Arizona, California, Connecticut, Georgia, Minnesota, Nebraska, New Mexico, New Jersey, New Hampshire, Illinois, Massachusetts, Louisiana, New York, Ohio, Pennsylvania, and Oklahoma. In its filing, the agency said the asset seizures came about after violations of federal regulations: “The Federal Bureau of Investigation (FBI) gives notice that the property listed below was seized for federal forfeiture for violation of federal law.” The FBI has been cracking down on digital assets used in illicit activities. In February, the agency announcedthat it confiscated several cryptocurrencies, digital assets, and NFTs worth around $250,000 from two different locations in the US. The agency also announced in March that it launched an investigationinto Do Kwon and Terraform Labs. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.