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“Today’s arrests, and the department’s largest financial seizure ever, show that cryptocurrency is not a safe haven for criminals,” said Deputy Attorney General Lisa O. Monaco. “In a futile effort to maintain digital anonymity, the defendants laundered stolen funds through a labyrinth of cryptocurrency transactions.Thanks to the meticulous work of law enforcement, the department once again showed how it can and will follow the money, no matter what form it takes.” It appears that the high volatility period caused by the COVID-19 pandemic is normal in a Bitcoin context as the volatility did not significantly increase in that period despite the 50% drop in prices in March [https://bitcointube.net/ tshare crypto] 2020 and the subsequent rise of more than 100%. To check the robustness of this finding, we also use March 31, 2020, as the end of the COVID-19 crisis, and the results are qualitatively identical; the parameter for the COVID-19 crisis never turns out statistically significant.