The US DoJ has seized $5billion in crypto.

← Back to Blog

The US DoJ has seized $5billion in crypto. The real interesting point is that the coin was stolen in 2017 at a value of $17million and has appreciated significant (like any investment) over the past 4 years.

Assistant Attorney General Kenneth Polite Jr said the seizure was proof the government will not allow cryptocurrency to be a safe haven for money laundering or a zone of lawlessness within our financial system.

Dean Armstrong QC Racheal Muldoon Richard Cardrick

#cryptocurrency‚ #cryptoregulation‚ #cryptoassets‚ #crypto‚ #nft‚ #cyberlaw‚ #regulations‚ #cryptoregulation
#cybersecurity‚ #cyberriskmanagement‚ #compliance‚ #regulatorycompliance‚ #regulatoryoversight‚ #regulation‚ #cbdc‚ #aml‚ #kyc

View Original Post
https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A6897121547174445057

Categories

Cryptocurrency & Digital Assets, Legal, Regulation & Compliance

Tags