The Securities Commission of the Bahamas has disputed FTX’s claim that the value of the cryptocurrencies it seized from the bankrupt crypto exchange was not $3.5 billion. The new FTX chief’s “continue...
Tag: Seized
Iran court orders the release of seized crypto mining equipment
Iranian authorities seized numerous crypto mining equipment over the past two years, citing stress on energy grids during winter. Now, a court ordered the release of crypto-mining equipment that was p...
Iran Returns Seized Crypto Mining Equipment to Miners – Mining Bitcoin News
A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by cou...
Bahamas regulator disputes FTX’s assertions on the value of seized assets
The Securities Commission of the Bahamas (SCB) rejected allegations made by FTX’s new CEO John J. Ray III over the digital assets held by the regulator. SCB claims the debtors of the insolvent crypto ...
Bahamas regulator denies FTX CEO’s claims over seized assets
The Securities Commission of The Bahamas has rejected “material misstatements” made by FTX’s newly-appointed CEO, John J. Ray III, over the commission’s seizure of US$3.5 billion in assets from FTX Di...
John Ray and Bahamas SC Clash Over Seized FTX Asset Value
The Bahamas Securities Commission issued a statement that criticized FTX CEO John Ray’s remarks on the value of seized FTX assets. It said that such remarks could impact the trustworthiness of institu...
Good News For FTX Customers: The Bahamas Seized $3.5 billion in Assets
This is news that will no doubt please the customers and creditors of Sam Bankman-Fried’s crypto empire. The authorities of the Bahamas, where the disgraced former emperor of the crypto space l...
Bahamas Regulator Says It Seized $3.5 Billion in FTX Crypto Assets
Bahamas securities regulators said they seized digital assets valued at $3.5 billion from FTX’s local operation in mid-November as the cryptocurrency exchange spiraled toward collapse, a figure that F...
Bahamian Regulators Say It Seized $3.5B of FTX Assets
The Securities Commission of The Bahamas announced that it seized $3.5 billion worth of cryptocurrency assets from the now-bankrupt and collapsed crypto exchange FTX. Per a media release issued on Thu...
Bahamas Awaits Court Order to Release $3.5B Seized FTX Funds
The Securities Commission of Bahamas (SCB) awaits court orders to release $3.5B FTX funds to its customers. While SBF reportedly withdraws over $684K. The FTX saga takes a new turn with a press releas...
Bahamas regulator seized $3.5 billion of FTX crypto assets
The FTX logo on a laptop screen. Andrey Rudakov | Bloomberg via Getty Images The Securities Commission of The Bahamas says it seized $3.5 billion worth of cryptocurrency from collapsed crypto exchange...
Bahamas Securities Commission seized $3.5B in customers’ assets from FTX
According to a statement released on December 29, the Bahamian regulator Bahamas Securities Commission gained possession of digital assets valued at $3.5 billion at FTX Digital Markets shortly after t...
Bahamas seized $3.5 billion from FTX to ‘protect customers’
The Bahamas Securities Commission has announced it took custody of over $3.5 billion worth of FTX deposits. According to a press release the BSC published on Thursday, the regulator moved to seize the...
Bahamas Seized $3.5 Billion From FTX to Keep Them From Vanishing
While Sam Bankman-Fried awaits his January 3rd arraignment within the confines of his parent’s home, the Securities Commission of the Bahamas (SCB) has revealed that it seized $3.5 billion worth of di...
Crypto assets seized over unpaid parking fines
Japanese police have started seizing crypto assets over unpaid parking fines. In a Japanese prefecture north of Tokyo, police have widened the list of assets they would normally seize from citizens wh...
Former Blockparty CTO Seized By FBI
Join Our Telegram channel to stay up to date on breaking news coverage Yesterday, December 7th, the FBI arrested the co-founder and former Chief Technology Officer of the blockchain company Blockparty...
$35.6M Seized From Insolvent Three Arrows Capital’s Bank Account
51 seconds ago | 2 mins read Defi News Teneo is looking to recoup $30 million from the sale of the superyacht “Much Wow.” The founders of Three Arrows used corporate assets to buy a superyacht. The li...
U.S.-Bound Coconuts Stuffed With 660 Pounds Of Drugs Seized
Topline Authorities in Mexico seized a truck full of more than 660 pounds of what they say appears to be fentanyl stored in coconuts not far from the U.S. border, the Mexican Attorney General’s Office...
Bahamas seized FTX Digital Markets’ assets on Nov. 12, regulator now says
The Securities Commission of the Bahamas on Nov. 12 transferred FTX Digital Markets’ assets to a digital wallet it controls, the regulator said on Twitter Nov. 17, further complicating a legal s...
IRS Building ‘Hundreds’ of Crypto Cases — Official Says $7 Billion in Crypto Seized in 2022 – Coinotizia
The Internal Revenue Service (IRS) is building “hundreds” of crypto cases to crack down on tax evasion, an official reportedly said. In the fiscal year 2022, the IRS Criminal Investigation Division se...
IRS Building ‘Hundreds’ of Crypto Cases — Official Says $7 Billion in Crypto Seized in 2022 – Taxes Bitcoin News
The Internal Revenue Service (IRS) is building “hundreds” of crypto cases to crack down on tax evasion, an official reportedly said. In the fiscal year 2022, the IRS Criminal Investigation Division se...
$3.36 Billion in Bitcoin Seized By U.S. Attorney in Historic Conviction
The U.S. Department of Justice reported on Monday that authorities had confiscated $3.36 billion in Bitcoin from a guy who had illegally acquired more than 50,000 bitcoin on the Silk Road dark web mar...
50,000 bitcoin seized after criminal calls police on self
In an unprecedented move, the Department of Justice (DoJ) has announced that it has arrested a “James Zhong” and seized over 50,000 bitcoins. The coins in question were originally stolen from the dark...
Over 50K BTC from Silk Road worth officially seized by DOJ after 10 year investigation
The U.S. Attorney has announced that the Department of Justice has officially seized Bitcoin valued at $3.36 billion at the time of appropriation in connection with the 2012 Silk Road fraud. The seize...
Mainland China Seized The Crypto Assets Involved In Ponzi Schemes
In 2019, the People’s Republic of China was attracted to the Plus Token, which is basically a Ponzi scheme where the investors believe that if they invest a small amount of assets in return, the...
The Hype of Halloween Themed Tokens Seized the Crypto Market on Twitter
The scariest festival or theme celebrated across the world is Halloween Day. In fact even the crypto market celebrates this day, with the emergence of new halloween themed digital currencies in the sp...
Ukraine Seized Crypto Wallet that Supported Russian Military
Ukraine’s security service force blocked and seized $19,500 from a Russian crypto wallet. The crypto wallet was dedicated to Russian Military Financing. Ukraine’s Seizure on Russian Crypto Wallet The ...
$40M Worth Crypto Seized by Turkey Officials in Gambling Raid
12 seconds ago | 2 mins read Bitcoin News It is unclear what cryptocurrencies were confiscated. The event allegedly included the transfer of over 2.5 billion Turkish Lira. As part of their investigati...