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Google will provide information about cryptocurrency exchanges
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Google will provide information about cryptocurrency exchanges

Oct 27, 2022

The largest company Google decided to spend 90 million dollars and recruit new staff. These officers will respond promptly and promptly to legal requests, as well as requests from the US Department of Justice to disclose information.

With the help of this IT company wants to make amends after the law enforcement prosecution of the creators of the BTC-E cryptocurrency exchange.

The founders of the popular platform managed to work in the United States of America for 6 years, having carried out a large number of laundering operations by using cryptocurrencies. In 2016, the Ministry of Justice opened a case against BTC-E, but Google denied access to data that incriminated the exchange and the case was suspended.

American warrants needed electronic data that was located in the United States, but Google actively moved the data around the world. After that, Congress passed a law that obliges US companies to provide all electronic data on crimes that have been committed on the territory of the country. In this case, the location of the company does not matter.

At the time this law was passed, Google lost evidence on BTC-E. How this will affect the lawsuit against Alexander Vinnik, the founder of the exchange, is unknown.

At this stage, Google promised to freeze accounts very quickly, take away keys from crypto wallets on servers, block websites in time, etc. Such actions will help the United States to stop the work of cryptocurrency pyramids, take away the cryptocurrency that was stolen and stop extortion.

Earlier it was reported that Sam Padilla, a developer of applications for Google Cloud, showed off the latest update to Google Search.

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