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CryptoWatch brings you the top news of the past week with Coin Cloud, a new Crypto scam, and more. This week on Tech Times' CryptoWatch, it saw two significant issues in the world of cryptocurrency and the blockchain, with the top news centering on the mysterious Coin Cloud hack.
The US court filing is part of a civil forfeiture action, which would allow authorities to seize assets allegedly linked to a crime, with the end goal of recovering stolen funds
The United States has seized digital currency valued at approximately half a million dollars from an account registered to a Chinese individual.
The US Secret Service revealed a seizure of around $500,000 in digital currency connected to a Southeast Asian investment scam, as part of the United States’…
U.S. authorities said the scam that prompted the seizure involved a crypto-investment fraud known as pig butchering. In such schemes, fraudsters manipulate unsuspecting people they meet online, persuading them to invest in bogus crypto schemes.