US Seizes $24M in Crypto as Part of Brazilian Probe Into $200M Fraud Scheme
The U.S. Department of Justice announced Wednesday the seizure of $24 million in cryptocurrency after a request from Brazilian police.
The operation used intelligence gathered from an encrypted service developed by the FBI and Australian police.
The request from the Office of the United States Attorney follows the 2019 indictment of Anthony Tyler Nashatka.
Anchorage Digital said it will also provide “such activities as accounting, customer management, audit compliance and managing blockchain forks.”
The largest police force in the U.S. has beefed up rules governing who can trace crypto transactions. It’s been using Chainalysis software since 2019.
Blockchain analytics company Coinfirm said authorities are "ignoring" criminals' stockpiles of cryptocurrencies that forked from bitcoin.