Cryptocurrency Market

  • Market Cap: $2,633,958,017,695.96
  • 24h Vol: $77,253,716,468.08
  • BTC Dominance: 58.16%

Seized Crypto

fbi-seizes-$2.5m-in-crypto-from-thailand-based-pig-butchering-scam-targeting-americans

FBI Seizes $2.5M in Crypto From Thailand-Based Pig Butchering Scam Targeting Americans

The U.S. Attorney’s Office has launched a civil forfeiture action to reclaim cryptocurrency seized by the FBI from international fraudsters involved in “pig butchering” schemes. This initiative aims to return the stolen funds to victims and hold criminals accountable. “The rate at which bad actors are using elaborate pig-butchering scams to defraud innocent people is […]

FBI Seizes $2.5M in Crypto From Thailand-Based Pig Butchering Scam Targeting Americans Read More »

us-government-to-report-seized-crypto-as-‘nonmonetary-property’

US Government to Report Seized Crypto as ‘Nonmonetary Property’

The Federal Accounting Standards Advisory Board (FASAB) has clarified that seized crypto assets should be treated as “nonmonetary property” while central bank digital currencies (CBDCs) should be treated as monetary instruments. The federal authority claims that cryptocurrencies “do not typically possess all monetary characteristics,” emphasizing that they “are not effective as a unit of account,

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man-pleads-guilty-to-stealing-bitcoin-‘seized’-by-us-government

Man Pleads Guilty to Stealing Bitcoin ‘Seized’ by US Government

An Ohio man has pleaded guilty to stealing over 712 bitcoin that was “seized” by the U.S. government in another criminal case. He has agreed to forfeit some bitcoin, ether, and dogecoin as part of his plea. “Due to the increase in market prices, the total value of these forfeitable properties exceeds $12 million,” said

Man Pleads Guilty to Stealing Bitcoin ‘Seized’ by US Government Read More »