According to Lynette Zang, chief market analyst at ITM Trading, U.S. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. In a recent interview, Zang disc...
Tag: Confiscate
US Feds Confiscate Nearly $700M of Sam Bankman-Fried’s Assets: Report
The United States Federal prosecutors have confiscated nearly $700 million in cash and assets connected to Sam Bankman-Fried, the disgraced founder of FTX. At the heart of the seizure are the 55 milli...
US Confiscate 50,000 Bitcoin in Connection with Silk Road
– Advertisement – U.S. Attorney Damian Williams and Special Agent Tyler Hatcher have announced the seizure of $3.36B worth of Bitcoin (BTC) in connection with Silk Road. Damian Williams,...
Biden Administration working on making it easy to confiscate crypto without criminal charges
Join Our Telegram channel to stay up to date on breaking news coverage The Biden Administration called for a dramatic expansion in the federal government’s ability to seize and keep cryptocurrency in ...
Cardano price analysis: Bears confiscate chances of bullish return as ADA shed another 33 percent
The Cardano price analysis indicates a sharp decline in price levels as the price has now moved down to meet $0.418. The progress has been in the bearish direction, as the bearish momentum has been co...
Police Arrest Four in India for Crypto Fraud, Confiscate $2 Million
Police authorities in the southern Indian city of Bangalore have arrested four people who were tied to a cryptocurrency ponzi scheme that operated through an app dubbed ShareHash. According to local ...
Could the Government Confiscate Gold Again? A Look at Today’s ‘Emergencies’ and Revisiting Executive Order 6102 – Featured Bitcoin News
This past Tuesday, April 5, was the 89th anniversary of Executive Order 6102 when the U.S. government would strictly “forbid the hoarding of gold coin, gold bullion, and gold certificates within the c...
Canadian Cops Confiscate Bitcoin Worth Over $28 Million From Ex-Gov’t Employee
Sebastien Vachon-Desjardins — a former Canadian government IT professional — was charged with conspiracy to commit computer and wire fraud, and other offenses in a federal court in Florida, the US Dep...
Chinese customs confiscate 49 crypto mining rigs labeled as “shoe material”
TL; DL Breakdown About 49 second-hand crypto mining rigs were seized by Chinese customs in Dongguan and declared “shoe material” for export. The rigs have been held for false declaration and are now u...
Bill-ionaire Miller says crypto an ‘insurance policy’ because ‘they can’t confiscate your Bitcoin’
Institutional investors have been quick to notice the merits of the cryptocurrency industry, and an increasing number of big-ticket names have been jumping onto the bandwagon recently after resisting ...
Kosovo Police confiscate over 300 crypto mining rigs amid energy crisis
The Kosovo Police force has seized more than 300 crypto mining rigs days after announcing a crackdown. A report unveiled this news earlier today, citing three separate announcements by the law enforce...