Some ETH 500 were frozen under a Liechtenstein court order served by law enforcement in Ireland to Coinbase Europe, and a further USDC 1.3m are frozen by Centre Consortium based on a US court order obtained from the Supreme Court of New York, LCX said.
In what could represent a landmark legal development for the crypto industry, US law firm Holland & Knight has served a defendant a pre-trial temporary injunction as a non-fungible token (NFT), acting in a legal case involving its client, crypto exchange LCX.
Law enforcement agencies from the US, Liechtenstein, Ireland, and Spain, which participated in an international investigation, tracked the funds laundered through the Tornado Cash crypto mixer and identified the involved hacker wallets.
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Earlier this year, the crypto outfit (NEXO) announced it had issued a card – in partnership with MasterCard – that lets customers spend without first selling their digital assets.
The payments giant Mastercard says it will begin enabling non-fungible token (NFT) trading for a range of crypto-ecosystem platforms, including the “gas-free”