Tag: government seize cryptocurrencies

Crypto Seizure Prove How Hard Is

Cryptocurrencies are held by individuals and organizations all over the world, and the US government has been trying to seize them for years. In most cases, the government has been successful in obtaining the cryptocurrencies, but a recent case has proven how hard it is to seize digital assets. The case in question is that […]

What The Infrastructure Bill Means For Crypto

The Infrastructure Bill, which was recently proposed by the United States Congress, has a lot of implications for the crypto industry. The most important part of the bill for crypto is the section that deals with digital currencies. This section of the bill defines digital currencies and sets out the rules for regulating them. One […]

Does 3.6b Crypto Seizure How Is

On January 24, 2019, the US Department of Justice (DOJ) announced that it had seized 3.6 billion dollars’ worth of cryptocurrency from a single individual. The individual, identified only as “PMorgan Chase Bank, N.A., as Custodian for the benefit of T.A.R.F.E.N. Entertainment, LLC,” is said to have used the cryptocurrency to purchase items such as […]