The US Justice Dept. arrests the duo behind a $3.6-billion crypto heist

The U.S. Justice Department has placed two people under arrest for allegedly laundering bitcoin worth more than $3.6 billion over a five-year span, according toCrucially, this is"the department's largest financial seizure ever," which means that, if the duo is found guilty, it could mark a major turning point in the history of bitcoin transactions — where federal branches forces begin to gain traction against the biggest crypto heists.

Arguing that the end is near for digital hackers' reliance on anonymity, Monaco continued:"In a futile effort to maintain digital anonymity, the defendants laundered stolen funds through a labyrinth of cryptocurrency transactions. Thanks to the meticulous work of law enforcement, the department once again showed how it can and will follow the money, no matter what form it takes."

This is developing news about one of the largest financial seizures in history, so be sure to check in with us for more updates.Stay ahead with the latest science, technology and innovation news, for free:

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