#fbi

On November 13, 2024, the FBI searched the Manhattan apartment of Shayne Coplan, CEO of the betting platform Polymarket. Agents woke him at 6 a.m. local time, requesting that he hand over his smartphone and other electronic devices.

FBI agents set up a fake company called NexFundAI, which issued several tokens on the Ethereum blockchain. The aim was to stage a trap to expose market makers involved in market manipulation and catch the fraudsters red-handed.

The U.S. Federal Bureau of Investigation (FBI) neither confirmed nor denied having any information about Satoshi Nakamoto in response to a Freedom of Information Act (FOIA) request from journalist Dave Troy. In their statement, the FBI referred to Satoshi as an individual.

The FBI has sounded the alarm bells: Lazarus Group and APT38, North Korean hacker collectives, could potentially sell off stolen cryptocurrency amassing $40 million, potentially affecting Bitcoin's valuation. Through their investigative work, the agency has identified nearly 1580 BTC across six distinct Bitcoin addresses. The stolen assets are reportedly from Alphapo, CoinsPaid, and Atomic Wallet. In aiding market monitoring, the FBI has disclosed the associated wallet addresses, urging vigilance on any transactions involving them.

North Carolina authorities recovered nearly $5 million in cryptocurrency that was stolen in the “Pig Butchering” scam. This fraud technique involves gradually "fattening up" the victim, allowing them to earn small amounts initially, which encourages further investments.

In a three-month span beginning in March 2023, the FBI shifted gears in their investigations involving digital currencies. Those efforts have led to the confiscation of an estimated $1.7 million in cryptocurrencies such as BTC, ETH, USDT, XMR, and DAI. Some of these were traced back to Binance-affiliated wallets. Notably, the Eastern District of Virginia saw the most substantial single seizure of 428.5 ETH.