The United States government has initiated legal proceedings to claim over $2.4 million worth of Bitcoin confiscated from the Chaos ransomware group, reinforcing its commitment to combating cybercrime involving cryptocurrencies. This seizure was accomplished through advanced blockchain tracing of illicit extortion proceeds, underscoring growing global collaboration and a strategic shift in the DOJ's handling of digital assets, including plans to form a strategic Bitcoin reserve.
Continue to read US Government Moves to Seize $2.4 Million in Bitcoin Linked to Chaos Ransomware Network
The United States government has initiated legal proceedings to claim over $2.4 million worth of Bitcoin confiscated from the Chaos ransomware group, reinforcing its commitment to combating cybercrime involving cryptocurrencies. This seizure was accomplished through advanced blockchain tracing of illicit extortion proceeds, underscoring growing global collaboration and a strategic shift in the DOJ's handling of digital assets, including plans to form a strategic Bitcoin reserve.
Continue to read US Government Moves to Seize $2.4 Million in Bitcoin Linked to Chaos Ransomware Network
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