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US Government May Have Quietly Seized Another $2.4B in Bitcoin Linked to Lubian Mining Pool

Over the past 24 hours, attention has zeroed in on the freshly confiscated bitcoins now in U.S. government custody — and the mining pool allegedly built on dirty money funneled…

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Mystery Deepens Around 16,237 BTC Moved From Lubian Wallets Amid $36B US Bitcoin Cluster

On Tuesday, Bitcoin.com News covered the U.S. government’s move to seize more than 127,000 bitcoins from Chinese national Chen Zhi and an international fraud ring dubbed Prince Group. Our newsroom…

Continue ReadingMystery Deepens Around 16,237 BTC Moved From Lubian Wallets Amid $36B US Bitcoin Cluster

127,000 BTC Under US Seizure Tied to Milky Sad Weak-Key Vulnerability, Onchain Slueth Says

U.S. authorities’ push to seize more than 127,000 bitcoin has revived a key thread: several of the wallets at issue are labeled by Arkham Intelligence as tied to the “Lubian.com…

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US Treasury Moves to Seize 127,271 BTC From Chinese National Behind Global Scam Ring

The U.S. Department of the Treasury has announced sweeping sanctions and forfeiture actions targeting transnational criminal organizations tied to large-scale “pig butchering” scams, including an effort to seize 127,271 bitcoin…

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QCP Insights: Crypto Prices to Stabilize as Markets Await China’s Response

A fresh escalation in U.S.-China tensions triggered global market chaos, wiping out $19 billion in leveraged crypto positions. While volatility remains elevated, analysts say prices should stabilize for now as…

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