The Federal Bureau of Investigation (FBIfor its acronym in English) of the United States and Ukrainian law enforcement have seized the domains of nine companies — or exchanges — that traded digital currencies that allegedly aided and covered up cybercriminals..
According to a May 1 press release, the FBI Detroit Office and the Ukrainian National Police “carried out court-authorized and coordinated activity” that resulted in the closure and seizure of the domains of nine virtual currency exchanges.
The seized domains included the websites 24xbtc.com, 100btc.pro, pridechange.com, trust-exchange.org, and bitcoin24.exchange. Apparently, all of them offered their users totally anonymous digital currency exchange services, circumventing many of the rules and regulations that are required of authorized cryptocurrency exchanges..
Anyone trying to access these websites will see a seizure notice from the authorities.
The FBI noted that theThe exchanges, which offered services in both English and Russian, had “lax” anti-money laundering measures and collected minimal or “no knowledge at all” of your customer information..
The FBI claimed that these types of rogue and unlicensed exchanges “serve as major hubs in the cybercrime ecosystem”.
According to the agency, many of these virtual currency exchanges were “advertised on online forums dedicated to discussing criminal activity”.
Much of the criminal activity occurring on the exchanges involved involved cyber actors responsible for ransomware, but also other scammers and cybercriminals.”
The FBI has been involved in a number of cryptocurrency-related issues in recent months..
On April 27, the FBI conducted a search of the home of former FTX executive Ryan Salame. in connection with his role as one of Sam Bankman-Fried’s former senior advisers.
On February 3, The FBI seized 86.5 Ether (ETH) and two non-fungible tokens worth more than $100,000 from a scammer reported for phishing. The seizure was the result of a lengthy investigation by independent blockchain detective ZachXBT, who exposed for the first time activity on Twitter in September 2022.
Clarification: The information and/or opinions expressed in this article do not necessarily represent the views or editorial line of Cointelegraph. The information presented here should not be taken as financial advice or investment recommendation. All investment and commercial movement involve risks and it is the responsibility of each person to do their due research before making an investment decision.
Keep reading:
Investments in crypto assets are not regulated. They may not be suitable for retail investors and the entire amount invested may be lost. The services or products offered are not directed or accessible to investors in Spain.