Crypto

Justice Department Seized Stolen Bitcoin

Will we someday look back on these early crypto hackers like the train robbers of the wild west?
No items found.

5 Minutes of Fresh Perspective

Reading the daily news doesn't have to suck. Get the email that will make you laugh and keep you informed...for free!
Justice Department Seized Stolen Bitcoin

The Justice Department said Tuesday they seized over $3.6 billion in cryptocurrency, bitcoin, traced back to a hack in 2016. In addition to the largest financial seizure ever made by the Justice Department, two arrests were made in connection with alleged attempts to launder the proceeds.

Deputy Attorney General Lisa Monaco said the arrests and seizure show "Cryptocurrency is not a safe haven for criminals," making special mention of the complexity the would-be thieves used to hide their digital tracks.

Telling it like it is - Will we someday look back on these early crypto hackers like the train robbers of the wild west?

Check out more!

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.