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CRYPTOCURRENCY

$1 Billion Worth of Bitcoin Moved from US Law Enforcement Seized Wallets
cryptocurrency

$1 Billion Worth of Bitcoin Moved from US Law Enforcement Seized Wallets

Over 50,000 Bitcoin, valued at $1 billion, were transferred from multiple wallets linked to US law enforcement seizures. Approximately 9,861 BTC was sent to Coinbase, while the rest were internal transfers. The BTC was seized from the Silk Road marketplace, one of the first darknet markets to accept Bitcoin payments.

US IRS May Seize Cryptocurrency Worth Billions of Dollars In 2022, Top Agency Official Says
cryptocurrency

US IRS May Seize Cryptocurrency Worth Billions of Dollars In 2022, Top Agency Official Says

The Internal Revenue Service (IRS) predicts that it would seize more billions of dollars worth of cryptocurrency next year, given the agency is set to get more funding for the government.

US IRS May Auction off the $1.2B Worth of Crypto Seized This Year
cryptocurrency

US IRS May Auction off the $1.2B Worth of Crypto Seized This Year

The current crypto seizure amount of $1.2 billion made by the IRS may be up for auction to the public.

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