Justice Department announces the largest ever seizure of terrorist-bound crypto assets today in Washington, DC. 263 Total views.
Listen to article Per an Aug. 13 announcement from the United States Department of Justice, the authorities have seized millions of dollars worth of cryptocurrency from over 300 accounts.
The announcement does not specify the specific amount, but does identify the operation as the largest to target terrorist funding in cryptocurrency.
A wide range of agencies including the Department of Homeland Security, the FBI, and the IRS were involved in the campaign.
The campaign shut down several websites and Facebook pages that either overtly or, in the case of one fraudulent site selling medical masks, covertly gathered funds for terrorist operations.
"IRS-CI's ability to trace funds used by terrorist groups to their source and dismantle these radical group's communication and financial networks directly prevents them from wreaking havoc throughout the world."
It was just over a month ago that the IRS was asking for new tools to monitor privacy coin transactions.
Given that at least one of the images in the DoJ that featured a Bitcoin address belonging to an ISIS affiliate has been floating around government channels for over a year, these are clearly long-term capabilities that the agencies involved have worked to build out.
US DoJ Seizes Millions in Crypto Funds From Al-Qaeda and ISIS Networks
Publié le Aug 13, 2020
by Cointele | Publié le Coinage
Coinage
Nouvelles récentes
Voir tout
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.