Banking system instability caused widespread panic over the last few days. On the other hand, crypto networks continued operating without missing a beat. Mistakes in banking were to blame for bank run...
Tag: Seized
SVB seized by FDIC, Signature bank falls in heavy trade as bitcoin breaks down
The views and opinions expressed here belong solely to the author. Niche banks continue to fall apart. The Silvergate failure is being followed by Silicon Valley Bank (SVB), which collapsed on March 1...
$1 Billion Worth of Bitcoin Moved from US Law Enforcement Seized Wallets
In March 2023, over 50,000 Bitcoin (BTC) worth $1 billion were moved from multiple wallets connected to US law enforcement seizures. The transfers included three transactions, with the majority being ...
U.S. Government Moves $1B of Seized Silk Road BTC, Prompting Liquidation Fears
Key Takeaways A wallet associated with seized Silk Road funds moved $1.08 billion in BTC. The address moved 39,174 BTC to two new wallets, and 9,825 BTC to a wallet reportedly belonging to Coinbase. T...
Huge Move Incoming For Bitcoin? 10K BTC Seized by the US Govt Sent to Coinbase
Glassnode has detected the movement of approximately 40,000 Bitcoins tied from wallets tied to seizures conducted by US law enforcement. The transfers have sparked concerns about a sell-off primarily ...
US Govt Moves 9,861 Bitcoin Seized from Silk Road to Coinbase
Over the last week, the world’s largest cryptocurrency Bitcoin (BTC) has been under selling pressure. As of press time, Bitcoin is trading 1.59% down at a price of $22,118 and a market cap of $23 bill...
U.S DEA Seized $2.2 Million From Six Binance Accounts Last Year
The U.S Drug Enforcement Agency seized $2.2 million from Binance last year. The funds were associated with narcotics sales and drug traffickers from Mexico. A U.S. district court recently granted a ...
North Korea’s Crypto Heist Seized by Norwegian Police, How Did They Do It?
Alex Dovbnya Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime has announced biggest cryptocurrency seizure in country’s history The National Aut...
Binance And Huobi Seized $1.4 Million Crypto Funds Linked To North Korean Hackers
Crypto hacks and scams have become prevalent, and cryptocurrency platforms must be one step ahead to arrest the situation. In a recent report, Binance and Huobi announced the seizure of $1.4 million i...
Bitzlato Co-Founder Released After Arrest in Moscow, Pledges Relaunch of Seized Exchange
At the same time, he said the team was proactive about catching potentially criminal use of the exchange and from time-to-time even browsed the Hydra darknet marketplace in search of Bitzlato users. W...
SBF assets still being seized over gross mismanagement
The FTX collapse made the entire crypto industry tumble in November after filing for bankruptcy, and it cost Sam Bankman-Fried almost everything he had. Since then, other exchanges associated with FTX...
Europol reports $19.5M in crypto seized in enforcement action against Bitzlato
The European Union Agency for Law Enforcement Cooperation, or Europol, has reported authorities took control of crypto wallets containing more than $19 million in cryptocurrency as part of enforcement...
Bankman-Fried Said He Had $100,000 Left. Government Seized $700 Million.
Federal prosecutors continue to build their case against Sam Bankman-Fried. The former crypto king on Nov, 11 had to file for bankruptcy after two of his star firms, FTX and Alameda Research, were un...
Nearly $700M Worth of Assets Linked to Sam Bankman-Fried, FTX Seized by US
United States prosecutors have seized nearly $700 million worth of assets either owned by collapsed crypto exchange FTX or tied to founder and former CEO Sam Bankman-Fried, authorities disclosed in a ...
Sam Bankman-Fried’s $700M Worth Assets Seized by U.S Fed
2 hours ago | 2 mins read Editors News The crypto exchange bought assets under FTX Digital Markets name in US currency. FTX held stock in three accounts at rival cryptocurrency exchange Binance. U.S F...
FED Make Major Move: $700 Million Seized from Sam Bankman Fried
The United States Federal authorities have seized $697 million from Sam Bankman Fried, Founder of cryptocurrency exchange FTX. The majority of the assets were being in the form of shares of the popula...
Nearly $700 million of Bankman-Fried’s assets seized by Feds: CNBC
Federal prosecutors this Friday took $697 million worth of cash and assets primarily made up of Robinhood shares from former FTX CEO and founder Sam Bankman-Fried, court documents show. Prosecu...
Hong Kong exchange Bitzlato seized; founder arrested
Anatoly Legkodymov, the founder of Hong Kong-registered crypto exchange Bitzlato, was arrested in Miami on Wednesday and charged with allegedly running an unregistered money-transmitting business that...
BitConnect’s Victims to Receive $17M in Restitution Seized From Scam’s Promoter
Arcaro is not the only BitConnect bigwig to face consequences for his role in the scheme: BitConnect’s founder, Satish Kumbhani, has been indicted on a host of felony charges, including conspiracy to ...
European Agency arrests 15 people and seized 1Mn USD worth crypto assets
The European Union Agency for Law Enforcement Cooperation (Europol) made an announcement about striking on online scams involved in the illicit activities. Surprisingly, the network operating these sc...
Europol Arrests 15 in Massive Cryptocurrency Scam Crackdown: $1 Million Seized
On November 13, the European Union Agency for Law Enforcement Cooperation (Europol) announced that it had successfully cracked down on a criminal network engaged in online scams through call centers. ...
Seized Robinhood shares from SBF
The US Department of Justice (DOJ) has seized $455 million of Robinhood (HOOD) shares from Sam Bankman-Fried, who wanted to use them to cover his legal fees. Robinhood: US government seized Sam Bank...
Robinhood Shares Worth Nearly $500M Seized in FTX Case
The U.S. Department of Justice (DOJ) has seized more than 55 million shares of Robinhood (HOOD) stock owned – via a holding company – by Sam Bankman-Fried and FTX co-founder Gary Wang, according to a ...
FTX cofounders’ Robinhood shares worth over $450 million seized
The U.S. Department of Justice seized more than $456 million in Robinhood shares owned by FTX co-founders Sam Bankman-Fried and Gary Wang. A court filing dated Jan. 6 says the shares were seized...
Man Pleads Guilty to Stealing Bitcoin ‘Seized’ by US Government – Featured Bitcoin News
An Ohio man has pleaded guilty to stealing over 712 bitcoin that was “seized” by the U.S. government in another criminal case. He has agreed to forfeit some bitcoin, ether, and dogecoin as part of his...
Sam Bankman-Fried Spars With FTX Debtors Over Seized Robinhood Shares Valued at Over $460,000,000
Disgraced FTX founder Sam Bankman-Fried is fighting with FTX debtors over hundreds of millions of dollars worth of seized Robinhood shares. Court documents reveal that Bankman-Fried’s legal team says ...
Judge Orders Cruise Companies to Pay More Than $436 Million for Docking at Seized Terminal in Cuba
Four major cruise lines say they will appeal a recent ruling that would force them to pay roughly $436 million in total damages to a company that owned a port terminal in Havana prior to the Cuban Rev...
FTX Linked Robinhood Shares Worth $460 Million To Be Seized By U.S. Justice Department
The United States Department of Justice is now stepping in to take control of matters in the ongoing brouhaha involving the now-defunct crypto exchange FTX and other parties. The DOJ is now working on...
Shares of Robinhood Worth $450M Seized by Regulators From FTX
3 hours ago | 2 mins read Exchange News The next court date involving FTX, and the Robinhood shares is set for January 20, 2023. FTX’s creditors and BlockFi stake a claim to the shares. While FTX was ...
$460 million in Robinhood shares seized in FTX fraud case
The US government has seized hundreds of millions of dollars’ worth of shares in Robinhood Markets Inc. as part of the fraud case against Sam Bankman-Fried. According to a report on Bloomberg, t...