• U.S. seizing $1B Silk Road bitcoin
    Alt coins,  Bitcoin

    U.S. seizing $1B in Bitcoin from Silk Road hacker

    A U.S. Attorney revealed today that the government is behind the Nov. 3 transfer of nearly 70,000 BTC, which it is seizing from the hacker who allegedly stole it from Ross Ulbricht

    In a Nov. 5 filing, the U.S. Department of Justice revealed that it is seizing nearly 70,000 bitcoins and several other cryptocurrencies that were stolen from the infamous Silk Road darknet market. The Nov. 3 transfer gained a lot of attention in the cryptocurrency community, with blockchain intelligence firm CipherTrace speculating that either the wallet’s owner was moving the bitcoins to a more up-to-date wallet address, or that another hacker had cracked the wallet.

  • IRS Chainalysis Monero contract
    Alt coins,  Bitcoin,  Regulation,  United States

    IRS bets $1M Monero transactions are traceable

    The IRS decision to spend big bucks with Chainalysis and Integra FEC indicates that its criminal investigations division is eager to follow up its successes in tracking Bitcoin

    Crypto intelligence firm Chainalysis and the data analytics company Integra FEC will each receive an upfront payment of $500,000 so they can begin developing their proposed tool. America’s taxman said it was seeking “innovative solutions” for tracing XMR, as well as off-chain transactions conducted using Layer 2 scaling networks.

  • Altcoin hack North Korea
    Alt coins,  Regulation

    DoJ seizes gaming, real estate tokens from $250M North Korean hack

    Along with bitcoin and ether, the U.S. Department of Justice found PlayGame and IHT Real Estate Protocol tokens among a cache seized from the pariah regime’s cyberwarfare thieves

    The $272,000 seized was not a very large part of the amount seized, but it shows that the militarized hackers working for the Democratic People’s Republic of Korea are not too choosey about what they will pillage. The case involves hacks on at least 10 exchanges.

  • Bitcoin Al-Qaeda Hamas
    Bitcoin,  Regulation

    Bitcoin trail breaks up al-Qaeda, Hamas terror-funding schemes

    Agencies including the FBI, Homeland Security and IRS Criminal Investigations division worked with blockchain intelligence firm Chainalysis to track bitcoin donations to terrorists

    The operations seized more than $1 million in Bitcoin from both terror groups and the unlicensed money services business they worked with, the company said.