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	<title>Violation of federal laws &#8211; Bitfinance</title>
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	<title>Violation of federal laws &#8211; Bitfinance</title>
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		<title>A total of $1.7 million worth of cryptocurrency seized by the FBI from March to July</title>
		<link>https://bitfinance.news/en/a-total-of-1-7-million-worth-of-cryptocurrency-seized-by-the-fbi-from-march-to-july/</link>
		
		<dc:creator><![CDATA[Marilin Pino]]></dc:creator>
		<pubDate>Wed, 23 Aug 2023 17:00:09 +0000</pubDate>
				<category><![CDATA[Cryptocurrencies]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[cryptocurrencies]]></category>
		<category><![CDATA[FBI]]></category>
		<category><![CDATA[investigation]]></category>
		<category><![CDATA[March to July]]></category>
		<category><![CDATA[seizure]]></category>
		<category><![CDATA[Violation of federal laws]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=97978</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1100" height="731" src="https://bitfinance.news/wp-content/uploads/2023/08/kanchanara-dpduCacf8N0-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Un total de $ 1,7 millones en criptomonedas incautó el FBI de marzo a julio" decoding="async" fetchpriority="high" srcset="https://bitfinance.news/wp-content/uploads/2023/08/kanchanara-dpduCacf8N0-unsplash.jpg 1100w, https://bitfinance.news/wp-content/uploads/2023/08/kanchanara-dpduCacf8N0-unsplash-300x199.jpg 300w, https://bitfinance.news/wp-content/uploads/2023/08/kanchanara-dpduCacf8N0-unsplash-1024x680.jpg 1024w, https://bitfinance.news/wp-content/uploads/2023/08/kanchanara-dpduCacf8N0-unsplash-768x510.jpg 768w" sizes="(max-width: 1100px) 100vw, 1100px" /></div><p>In a recent FBI publication, it was learned that between the months of March and July of this year, the US security agency managed to recover $ 1.7 million in cryptocurrencies. The FBI has indicated that the seized assets come particularly from cases of violation of federal laws, where &#8220;most of the seizures were made [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/a-total-of-1-7-million-worth-of-cryptocurrency-seized-by-the-fbi-from-march-to-july/">A total of $1.7 million worth of cryptocurrency seized by the FBI from March to July</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1100" height="731" src="https://bitfinance.news/wp-content/uploads/2023/08/kanchanara-dpduCacf8N0-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Un total de $ 1,7 millones en criptomonedas incautó el FBI de marzo a julio" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2023/08/kanchanara-dpduCacf8N0-unsplash.jpg 1100w, https://bitfinance.news/wp-content/uploads/2023/08/kanchanara-dpduCacf8N0-unsplash-300x199.jpg 300w, https://bitfinance.news/wp-content/uploads/2023/08/kanchanara-dpduCacf8N0-unsplash-1024x680.jpg 1024w, https://bitfinance.news/wp-content/uploads/2023/08/kanchanara-dpduCacf8N0-unsplash-768x510.jpg 768w" sizes="(max-width: 1100px) 100vw, 1100px" /></div><p style="text-align: justify;">In a recent <strong>FBI</strong> publication, it was learned that between the months of <strong>March and July</strong> of this year, the US security agency managed to<strong> recover $ 1.7 million in cryptocurrencies.</strong></p>
<p style="text-align: justify;">The FBI has indicated that the seized assets come particularly from cases of violation of federal laws, where <strong>&#8220;most of the seizures were made in Ethereum</strong> (ETH), a figure that amounts to an estimated <strong>$ 800,000</strong> seized in said digital currency.&#8221;</p>
<p style="text-align: justify;">In a procedure carried out in <strong>Virginia</strong>, the FBI managed to recover the highest amount in said digital currency, which amounts to<strong> $ 473,811.</strong> This is also the highest number seized <strong>“in a single proceeding”.</strong></p>
<p style="text-align: justify;">Regarding other cryptocurrencies, the agency detailed that they seize<strong>d $ 147,000 in Bitcoin (BTC) funds, another $ 20,000 in Monero</strong> (XMR), “as well as some <strong>$ 469,000 in the DAI stablecoin.</strong> There were also about eight cases where<strong> Tether</strong> (USDT) funds were seized, as well as others with altcoins such as <strong>Solana (SOL) and Cardano (ADA)</strong>, and even a very small amount in <strong>Dogecoin</strong> (DOGE) token.”</p>
<p style="text-align: justify;">Through the report, it is described that these procedures were carried out <strong>not only in funds housed in specialized hardware</strong> for the storage of cryptocurrencies, but that &#8220;the majority of the seizures were made to the <strong>accounts in exchanges that operate locally&#8221;.</strong></p>
<p style="text-align: justify;">M.Pino</p>
<p>Source: <a href="https://hispanopost.com/fbi-incauto-1-7-millones-en-criptomonedas-entre-marzo-y-junio-de-este-ano/" target="_blank" rel="noopener">hispanopost</a></p>
<p><em>(Reference image source: Kanchanara, Unsplash)</em></p>
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<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/a-total-of-1-7-million-worth-of-cryptocurrency-seized-by-the-fbi-from-march-to-july/">A total of $1.7 million worth of cryptocurrency seized by the FBI from March to July</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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