Cryptocurrency
"Miami feds seize $34 million of bitcoin in fraud case. It’s one of largest seizures in U.S."
Primary Source ↗Blockchain(s)
Bitcoin
Incident Details
A Floridian suspected of selling hacked account information for services including HBO, Netflix, and Uber had $34 million in Bitcoin seized by federal authorities. Prosecutors accused a suspect of a scheme from 2015–2017 in which he sold stolen account information on the dark web. Unusually, they filed a civil rather than criminal case against the defendant, and were able to seize the crypto in a default judgment. Tough day for those arguing that crypto is somehow inherently immune from government actions.
Technical Details
- Initial Attack Vector
- Regulatory / legal action
- Vendor / Product
- Bitcoin seized from
Timeline
- 2022-04-04 Breach occurred
- 2022-04-04 Publicly disclosed