U.S Feds File to Seize $225M in Largest Crypto Bust
Federal agents in the U.S. have filed to seize over $225 million in cryptocurrency. This is the largest crypto amount to be seized in the history of the U.S. Secret Service. The civil forfeiture complaint was filed in the U.S. District Court for the District of Columbia
The case targets crypto tied to scams that tricked victims into fake investment schemes, according to a statement from the U.S. Attorney’s Office.
This was after a joint investigation by the U.S. Secret Service, FBI, and the U.S. Attorney’s Office. The statement said they used blockchain analysis to track down the stolen funds. The fund was hidden across hundreds of thousands of transactions, which were done on purpose to confuse the authorities and also make it…
