Luxury Seized: Bitcoin From Exchange Hack Triggers Aussie Mansion Bust

Luxury Seized: Bitcoin From Exchange Hack Triggers Aussie Mansion Bust

An Australian man from Queensland has lost nearly 25 Bitcoin, a waterfront mansion and a Mercedes‑Benz after federal police said the assets may be tied to crime. Based on reports from May 18, the Criminal Assets Confiscation Taskforce moved in to seize the coins and property worth 4.5 million Australian dollars, about $2.88 million US […]


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County authorities captured the cryptocurrency during a 2018 drug bust in Long Branch. A county in the state of New Jersey has announced the liquidation of cryptocurrency assets seized in 2018.On Monday, the prosecutor’s office in Monmouth County announced that the confiscated crypto —initially valued at $57,000 at the time it was seized — was liquidated on Coinbase for $198,237 at a quote “profit” of $141,000.Authorities captured the cryptocurrency during a 2018 drug bust in Long Branch. The assets were frozen on a United States-based crypto exchange once officials determined them as....