In response to a FOIA request, the US Marshals Service said it held 28,988+ BTC as of March, worth ~$3.4B at current prices, far fewer than previously believed
- The U.S. Marshals Service reportedly holds slightly over 28,988 BTC, worth about $3.4 billion, as of March …
KuCoin pleads guilty to having an unlicensed money transmitting business, agreeing to ~$300M in fines and forfeitures, in a case brought by US federal attorneys
it's about looking ahead with renewed [image] @kaiz3ns : RIP to my Kucoin gems. That VRA bag will never recover now. Jack Frost / @___jackals : RIP kucoin you were my back-alley hoe & i'll never forge...
Filing: the Northern District Court of California gives the US government final approval to sell 69,370 BTC, worth $6.5B, seized in its Silk Road investigation
The ruling does not ensure immediate liquidation of the seized Bitcoin, as federal asset forfeiture requires several administrative processes.
A US judge delays the CFTC v. Gemini trial to January 21, after Trump's inauguration; CFTC alleged Gemini misled the agency in its 2017 bid to debut BTC futures
Turner Wright / Cointelegraph :
A SCOTUS decision means that the US now legally owns the 69,370 BTC obtained during its Silk Road probe; the ex-IRS agent who seized them is in a Nigerian jail
The $4.4 billion in crypto is set to be the largest pile of criminal proceeds ever sold off by the US.
Arkham: a wallet tagged to the US government moved ~3,940 BTC, worth ~$240M and originally seized from a Silk Road narcotics vendor, to a Coinbase Prime address
About 4k bitcoin had been seized from narcotics trafficker Banmeet Singh at his January 2024 trial.
A UK jury finds a UK citizen guilty of laundering BTC for a Chinese fugitive allegedly behind a ~$6B fraud in China; UK police seized BTC worth $2.2B+ in 2018
- Jury finds Jian Wen guilty on one count of money laundering — Jian helped Chinese fugitive Zhimin Qian launder Bitcoin
A US jury convicts Russian-Swedish national Roman Sterlingov for operating crypto “tumbler” Bitcoin Fog between 2011 and 2021, laundering 1.2M+ BTC worth ~$400M
Russian-Swedish national Roman Sterlingov was convicted by a federal jury in Washington, D.C., for operating Bitcoin Fog between 2011 and 2021.
A legal dispute about a BTC mine in a Texas town of 281 reveals how Chinese nationals use Tether to move money to the US without drawing authorities' attention
A legal dispute in a tiny Texas town unexpectedly reveals how Chinese nationals can move money to the U.S. without drawing the attention of authorities in either country.