Bitcoin seizures are becoming more common as authorities become more aware of the digital currency. However, the latest seizure may have proven just how hard it is to take down Bitcoin. On October 13, 2017, the U.S. Marshals Service (USMS) announced that they would be auctioning off over 2,700 Bitcoin. The Bitcoin had been seized […]
How To Track A Bitcoin Transaction
A bitcoin transaction is a digital asset transfer between two addresses. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. With that in mind, it’s important to track your bitcoin transactions to […]
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3.6b Crypto Seizure Prove How Hard
On March 6, 2018, the US government seized 3.6 billion worth of cryptocurrency from a company known as “Wired Trader”. This seizure was seen as a major victory by the government in their ongoing battle against digital currencies. The Wired Trader company was apparently involved in a scheme to defraud investors by selling them digital […]
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