Category: Bitcoin

Feds: New York woman laundered bitcoin to aide Islamic State

CENTRAL ISLIP, N.Y. (AP) — A Long Island woman is accused of laundering bitcoin and other cryptocurrencies and wiring the money overseas to help the Islamic State group. Prosecutors say 27-year-old Zoobia Shahnaz was charged with bank fraud and money launderi…

US prosecutors move to cash in on $8.5M in seized bitcoin

SALT LAKE CITY (AP) — U.S. attorneys in Utah prosecuting a multimillion-dollar opioid drug-ring are moving quickly to sell seized bitcoin that’s exploded in value to about $8.5 million since the alleged ringleader’s arrest a year ago. The U.S. Attorney’s Offi…

US prosecutors move to cash in on $8.5M in seized bitcoin

SALT LAKE CITY (AP) – Federal attorneys prosecuting a multimillion-dollar opioid drug-ring in Utah are moving quickly to sell seized bitcoin that’s exploded in value to some $8.5 million since the alleged ringleader’s arrest. The U.S. Attorney’s Office for Ut…