Asset

FBI Launches New Virtual Asset Unit Focuses on Blockchain and Seizure of Virtual Assets Including Cryptocurrencies

The Department of Justice on Thursday appointed Eun Young Choi to serve as the first Director of the National Cryptocurrency Enforcement Team (NCET). The NCET was established to ensure the department meets the challenge posed by the criminal misuse of cryptocurrencies and digital assets, and comprises attorneys from across the department, including prosecutors with backgrounds…

Congressman Introduces Bill to End Civil Asset Forfeiture Nationwide, Allow Victims to Be Reimbursed

By Matt Agorist For decades now, federal government and their cohorts in law enforcement have been carrying out theft of the citizenry on a massive scale. We’re not talking about taxes, but an insidious power known as Civil Asset Forfeiture (CAF). The 1980s-era laws were designed to drain resources from powerful criminal organizations, but CAF…

Why Asset Bubbles Involve So Much More Than Just Rising Prices

Authored by Frank Shostak via The Mises Institute, According to the Financial Times from October 18, 2020, senior Federal Reserve officials are calling for tougher financial regulation to prevent the US central bank’s low interest rate policies from giving rise to excessive risk taking and asset bubbles in the markets. Eric Rosengren, president of the Federal Reserve Bank…