A US district judge has ordered a corrupt Drug Enforcement Agency agent to forfeit roughly 690 bitcoins to the federal government; the Swift Institute offers a €15,000 grant for research into the development of blockchain technology, and more top stories for July 14.
Judge Orders Corrupt DEA Agent to Forfeit Stolen Bitcoin
A US district judge has signed a court order mandating Carl Force IV, the Drug Enforcement Agency (DEA) agent arrested in connection with the Silk Road investigation, to forfeit roughly 690 bitcoins to the federal government.
Force plead guilty to extortion, money laundering and obstruction of justice charges earlier this month, as he had been illegally handling bitcoins during the US government’s investigation of the now-defunct dark market.
Swift Offers €15,000 Grant for Blockchain Research
The Swift Institute is offering a €15,000 grant for research into the development of using blockchain technology in securities markets.
The institute of the financial messaging body is particularly interested in blockchain’s ability to provide fast, irrevocable and transparent clearing and settlement, but notes several concerns about the technology. The Swift Institute is asking researchers to apply for a grant to research aspects of the technology and formulate answers to a series of questions regarding