The audit found multiple inadequacies in the USMS’s management and tracking of seized cryptocurrency.
Latest in Cryptocurrency
OFAC should consider a creative sanction against the mixing service Tornado Cash, particularly the 100 Ethereum wallet that is known to be hiding a large amount of the DPRK’s stolen cryptocurrency.
China’s vision of the next iteration of the internet is one in which China controls and vets who can build on it.
U.S. law enforcement annouced the seizure and takedown of Hydra Market and RaidForums.
President Biden's first executive order addressing cryptocurrency and other digital assets.
On Feb. 8, the Department of Justice released a criminal complaint against two individuals for an alleged conspiracy to launder billions of dollars in cryptocurrency. The Justice Department charged Ilya Lichtenstein and Heather Morgan with conspiring to commit money laundering and conspiring to defraud the United States.
The $600 million hack of the “decentralized” Poly Network should alert regulators due not to the size of the theft but, rather, to what the stakeholders did after the incident.
Lawfare’s biweekly roundup of U.S.-China technology policy and national security news.
A steady rush into retail crypto activity is occurring without a check of the regulatory blindspots. Many illicit actors will likely try to spend their ill-gotten crypto on goods and services online rather than cashing out into regular currency.
The Department of Justice announced on Aug. 13 that U.S. counterterrorism authorities dismantled a series of sophisticated online fundraising campaigns run by three separate U.S.-designated terrorist organizations.