Justice Department Says It Seized $ 3.6 Billion Worth of Bitcoin Stolen in 2016 Hack

WASHINGTON — The Justice Department said Tuesday it seized over $ 3.6 billion worth of digital currency stolen during a hack of a cryptocurrency exchange and arrested two suspects for allegedly trying to launder the proceeds. The value of the cryptocurrency at the time it was seized last week marks the largest financial seizure ever … Read more

The CEOs of Target, CVS and Walgreens ask Congress for help in a wave of retail crime

The CEOs of 20 major retail brands, including Target TGT, +0.26%, CVS CVS, +1.59% and Walgreen’s WBA, +0.67%, jointly wrote a letter to Congress about concerns about the rising crime rate in their stores. “As millions of Americans have no doubt seen on the news in recent weeks and months, retail stores of all types … Read more

LA luxury mall is the latest to be hit by smash-and-grab thieves

LOS ANGELES – A group of twenty smashed windows in a department store in a luxury shopping mall in Los Angeles, which triggered a police chase just days after exclusive stores throughout the San Francisco Bay Area were attacked. The latest incident in a national trend of smash-and-grab crimes targeting a Nordstrom JWN, -1.21% shop … Read more