Tagged: secret service

White House Budget Proposes Returning Secret Service to the US Department of Treasury, Cites Crypto Concerns as a Factor

This week the White House, via the Office of Management and Budget (OMB), released the proposed federal budget for 2021. According to the White House, the plan seeks to balance the budget within 15 years by proposing $4.6 trillion in deficit reduction. Debt, as a… Read More

US Department of Justice Seizes $20 Million in Bitcoin, Arrests 35 in Darknet Bust

The American Department of Justice (DOJ) announced June 26th that its “First Nationwide Undercover Operation Targeting Darknet Vendors” has resulted in the arrest and charge of 35 individuals accused of selling illicit goods in the Internet underworld. The comprehensive, inter-agency dragnet also seized guns, drugs,… Read More

Secret Service Official Urges Congress to “Address Emerging Risks” Posed by Cryptocurrencies

Officials from several American law enforcement agencies told the US congress June 20th that they have noted an increased use of cryptocurrencies for crime. The Deputy Assistant Director of the Secret Service’s Office of Investigations, Robert Novy, stressed that enforcement agencies must continue to adapt… Read More

Florida Court Explains Why Bitcoin is Not Money

Having just gotten around to reading the order granting the motion to dismiss in the proceedings of the State of Florida vs. Michell Abner Espinoza, the document by Circuit Court Judge Teresa Pooler, is pretty interesting.  The case regarding Espinoza has been in the news… Read More

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