Kazakhstan is preparing to launch a state-run crypto reserve as the National Bank of Kazakhstan confirmed plans to create a national crypto reserve. The fund will likely be made of seized digital assets and government-linked mining operations. The announcement came from the government news agency Kazinform on 25 June 2025. National Bank Chairman Timur Suleimenov … Read more
Local governments in China are exploring ways to liquidate seized crypto, navigating a legal gray area created by the country’s strict ban on crypto trading and exchanges. According to an April 16 report by Reuters, the absence of clear regulations on handling confiscated digital assets has led to inconsistent practices and raised concerns over transparency … Read more
Garantex, the Russian crypto exchange with alleged ties to shady banks and criminal networks, is gone—its website yanked offline by the Russian Secret Service in coordination with global enforcement. This takedown, years in the making, wasn’t subtle. US and European regulators have been circling for ages, using Garantex as a poster child for what happens … Read more
The United States Attorney’s Office in Ohio is looking to forfeit millions in seized crypto from a scam operation and return it to victims who were tricked into fake investments. According to a recent statement, authorities have asked the court to officially seize roughly $8.2 million USDT held in three cryptocurrency wallets. The assets in … Read more