justice department

Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin

</header> <strong>Last month, the U.K. police auctioned off roughly $300,000 worth of cryptocurrencies after they were confiscated by the country’s Eastern Region Special Operations Unit (ERSOU). Since 2014, law enforcement agencies worldwide have been auctioning large sums of bitcoin seized during investigations. For some reason, governments don’t want the digital assets used in crimes and …

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US investigates escort and massage sites over human trafficking

Sponsored Links dragana991 via Getty Images Backpage is no more, but US authorities are still determined to crack down on sites that enable human trafficking and other crimes. Wall Street Journal sources say Homeland Security, the Justice Department and others are reportedly investigating escort and massage sites Eros.com, EroticMonkey.ch and Rubmaps.ch to see if they’ve …

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Barr says the US needs encryption backdoors to prevent “going dark.” Um, what?

Enlarge / US Attorney General William Barr speaks at the International Conference on Cyber Security at Fordham University School of Law on July 23, 2019 in New York City. In his remarks, Barr stated that increased encryption of data on phones and encrypted messaging apps puts American security at risk. Barr encouraged technology companies to …

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Justice Department launches antitrust probe into big tech

Enlarge / Top officials have decided monopolies aren’t fun and games. Getty Images | Alex Wong The Department of Justice is launching an antitrust probe into some of the world’s biggest and most influential tech companies, the agency announced Tuesday. The department’s Antitrust Division, which is responsible for reviewing and enforcing issues relating to mergers, …

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NYT: Sprint, T-Mobile merger could get federal approval next week

Sponsored Links ASSOCIATED PRESS Just days after AGs representing ten states filed suit to stop the combining of Sprint and T-Mobile, the New York Times reports the Justice Department is “moving closer” to approval. Doing so apparently hinges on an arrangement, previously reported, that would have the two sell off assets to create a new …

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Two Charged With Running ‘Shadow Banking’ Service for Crypto Exchanges

The U.S. Department of Justice announced Tuesday that it has hit two individuals with bank fraud charges in connection to a system for depositing funds to cryptocurrency exchanges. In a statement, U.S. Attorney’s Office for the Southern District of New York alleged that Reginald Fowler of Arizona and Ravid Yosef, said to live in Tel Aviv, …

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T-Mobile and Sprint push merger deadline to July 29th

Sponsored Links ASSOCIATED PRESS T-Mobile and Sprint have pushed back the deadline to complete their $26 billion merger, reports Reuters. The companies will now have until July 29th to earn the approval of the US Justice Department and the Federal Communications Commission. The delay reportedly comes after the US Justice Department’s Antitrust Division chief said …

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