New Civil Asset Forfeiture Tool Makes Bitcoin Even More Powerful
The Electronic Recovery and Access to Data machine (ERAD), is a piece of new civil asset forfeiture technology that allows law enforcement to seize money directly from banks accounts by swiping a suspect’s debit or credit cards. This new addition to the cops’ arsenal of notorious civil asset forfeiture weapons has only strengthened the case for using....
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In February 2014, the DEA seized $11,000 from Charles Clarke, a college student, who was never convicted of any crime. The DEA seized Clarke's money using a process known as civil forfeiture, and he still hasn't gotten any of the money back. While noticeably egregious, The Institute For Justice demonstrates that Clarke's case doesn't scratch the surface of what's being called "policing for profit". Civil Forfeiture. Civil forfeiture is a procedure that allows law enforcement agencies in the United States to seize property without convicting a person of a crime. The government doesn't even....
A federal court has upheld the right of police to seize and retain funds on debit and credit cards, be they prepaid or otherwise. Adding to the ongoing national conversation about civil asset forfeiture, the case of Eric-Arnaud Benjamin Briere De L’Isle, who was pulled over for a driving infraction and then searched for drugs in Nebraska in 2014, which was appealed to the federal government after Nebraska asserted that the police had the right to seize and keep a large bag full of prepaid cards. The 8th Circuit Court of Appeals decided that the cards have no expectation of privacy because....
The U.S. government is pursuing a civil forfeiture claim on the more than 300,000 units of the tether (USDT) cryptocurrency said to have been stolen earlier this year.
The Spanish Civil Guard has broken up a group that used cryptocurrencies as a tool to launder money. The organization, that operated in Madrid, supposedly lent these services to other criminal organizations. The MAUNA operations, as they were called by the Spanish Civil Guard, discovered phantom companies in several countries like Spain, Belgium, Sweden, Germany, and Lithuania that supported these actions.
Spanish Civil Guard Shuts Down Crypto Money Laundering Activity in Operation MAUNA
The Spanish Civil guard announced on February 15 the detention of several people linked to an....
The current Bitcoin uptrend is undeniably strong, but according to a technical tool that directly measures the strength of an underlying trend, it now marks the second-most powerful in history. What’s potentially even more exciting for cryptocurrency investors, is that on higher timeframes, the same tool says the uptrend is only just getting warmed up. Trend Strength Tool Suggests Strongest Bitcoin Uptrend In History Is In The Making Bitcoin has barely experienced a noteworthy correction […]