Google Settles With US Department of Justice

The US Department of Justice (DOJ) and Google on Thursday reached an agreement to resolve a six year old dispute.

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Google today agreed to improve its legal compliance process after losing data related to BTC-e.

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It is taking numerous measures to ensure such legal complications never happen again, the tech giant firm said.

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In the filed stipulation, Google represented to the court that it spent over $90 million to implement legal process compliance program improvements, the DOJ said.

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The US DOJ served a search warrant on Google in 2016, demanding the company turn over data the company held concerning BTC-e.

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BTC-e, operated in USA from 2011 to 2017, was shut down by FBI in 2017 for alleged money laundering.

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According to DOJ, its operators allowed users—many of which were criminals—to trade Bitcoin anonymously and launder money.

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