$3.6 billion crypto bust: Couple arrested in ‘largest seizure in U.S. history,’ legal expert says

Yahoo Finance published this video item, entitled “$3.6 billion crypto bust: Couple arrested in ‘largest seizure in U.S. history,’ legal expert says” – below is their description.

#AlligatorofWallStreet #Cryptobust #3.6billioncryptobust

TRM Labs Head of Legal and Government Affairs Ari Redbord joins Yahoo Finance’s Brian Cheung, Akiko Fujita and David Hollerith to discuss the arrest of TikTok rapper Heather Morgan and Ilya Lichtenstein in an alleged crypto laundering scheme, the 2016 Bitfinex hack, and the outlook for security measures in the space.

Yahoo Finance YouTube Channel

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In This Story: Brian Cheung

Brian Cheung is an on-air reporter covering the Federal Reserve, economics, and banking for Yahoo Finance. He previously wrote for S&P Global Market Intelligence and, prior to that, worked at the Federal Reserve.

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In This Story: TikTok

TikTok, known in China as Douyin, is a Chinese video-sharing social networking service owned by ByteDance, a Beijing-based Internet technology company founded in 2012 by Zhang Yiming. It is used to create short music, lip-sync, dance, comedy and talent videos of 3 to 15 seconds, and short looping videos of 3 to 60 seconds.

ByteDance first launched Douyin for the Chinese market in September 2016. Later, TikTok was launched in 2017 for iOS and Android in most markets outside of mainland China; however, it only became available worldwide, including the United States, after merging with another Chinese social media service Musical.ly on 2 August 2018.

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