Largest Ever Seizure of Funds Related to Crypto Confidence Scams The U S Attorney’s Office filed a civil forfeiture complaint in U S District Court for the District of Columbia against more than $225 3 million in cryptocurrency According to the complaint, the U S Secret Service and the FBI used blockchain analysis and other investigative techniques to determine that the cryptocurrency is connected to the theft and laundering of funds
Justice Department seizes millions of dollars linked to . . . In a crypto investment scam, scammers establish a relationship with victims to convince them to “invest” in crypto so they can steal their money The DOJ complaint, filed in U S District Court for D C , said the seized funds were part of a sophisticated blockchain-based money laundering network
DOJ to seize $225. 3 million for victims of crypto scammers The Department of Justice filed a civil forfeiture complaint against more than $225 3 million in the U S District Court for the District of Columbia for cryptocurrency scammers involved in money
US seizes record $225 million from crypto investment scammers Losses from crypto investment scams have surged in recent years Victims reported nearly $4 billion in crypto-related investment losses in 2023 compared to $2 57 billion in 2022, according to the
US DOJ Files Civil Forfeiture Complaint Against $225,300,000 . . . The U S Department of Justice (DOJ) is filing a civil forfeiture complaint against over $225 million in crypto According to a new DOJ press release, the funds are connected to a crypto confidence scam, laundering and theft scheme A civil forfeiture is a legal complaint that targets property