Moves | Crypto

A joint crackdown has traced Bitcoin proceeds from pig-butchering fraud to Prince Holding Group networks, seeking 127,000 BTC, while OFAC has sanctioned 146 parties and FinCEN has described billions laundered through shell companies and exchanges across regions. The post U.S. Moves to Seize Record $12B in Bitcoin from Global ‘Pig Butchering’ Scam After Joint Crackdown appeared first on Cryptonews.

An ancient Bitcoin wallet dormant since January 2011 has transferred 3,962 BTC, valued at $469 m, after a test send. The move has renewed discussion about early-holder liquidations, even as BlackRock and other corporate treasuries have purchased large lots during the current consolidation. The post Ancient Bitcoin Wallet Awakens After 14 Years, Moves 3,962 BTC Worth $460M appeared first on Cryptonews.