Terraform Labs (TFL) — the organization behind UST, cryptocurrency LUNA, and Luna Foundation Guard (LFG) — emptied its treasury wallet of all of its bitcoin, about 42,530 bitcoin, or $1.3 billion, today. “That add meaningful sell pressure on bitcoin and could drag down markets with it,” Corey Miller, growth lead at dYdX, said to TechCrunch. Treasury tied billion btc transactions to The financial crimes investigation unit of the US Treasury Department, also known as FinCEN, said today it identified approximately $5.2 billion in outgoing Bitcoin transactions potentially tied to ransomware payments.
Advocates of blockchain technology have long touted the traceability of the distributed public ledger as one counterpoint to those who say crypto is largely used for illicit activities. To think a little more clearly. More than $1bn (£772m) in Bitcoin linked to the notorious Silk Road website has been seized by the US Department of Justice (DoJ).
Targets in "decentralized finance" or DeFi, a thriving segment in the cryptocurrency sector, accounted for more than 82% of the cryptocurrency stolen in 2022, the report said. J.P. Morgan provides the following products and services to help you reach your investment goals As the name implies, stablecoins aren’t supposed to be volatile. About 80% of transactions on major cryptocurrency trading and lending platforms involve them.
"On November 3, Individual X signed a Consent and Agreement to Forfeiture with the U.S. Attorney’s Office, Northern District of California," according to the court documents. "In that agreement, Individual X, consented to the forfeiture of the Defendant Property to the United States government has consented to the forfeiture of the bitcoin by federal authorities." EU lawmakers approve effective 2035 ban on new fossil fuel cars “We will hold accountable foreign-located money transmitters, including virtual currency exchangers, that do business in the United States when they willfully violate U.S. anti-money laundering laws,” said Jamal El-Hindi, Acting Director for FinCEN. “This action should be a strong deterrent to anyone who thinks that they can facilitate ransomware, dark net drug sales, or conduct other illicit activity using encrypted virtual currency. Treasury’s FinCEN team and our law enforcement partners will work with foreign counterparts across the globe to appropriately oversee virtual currency exchangers and administrators who attempt to subvert U.S. law and avoid complying with U.S. AML safeguards.”
English
Chinese
German
Korean