CoinVoice has learned that the U.S. Department of Justice today filed a civil forfeiture lawsuit in the U.S. District Court for the District of Columbia, accusing the defendant of seizing cryptocurrency valued at over $225.3 million.
According to the lawsuit, law enforcement agencies used blockchain analysis and other investigative techniques to determine that these cryptocurrencies are related to the theft and money laundering activities of victims' funds in cryptocurrency investment fraud cases.
The complaint states that the cryptocurrency address holding over $225.3 million in cryptocurrencies is part of a complex money laundering network based on blockchain, which executed hundreds of thousands of transactions and was used to disperse the proceeds of cryptocurrency investment fraud across many cryptocurrency addresses and accounts on the blockchain to conceal the source of the illegally obtained funds.
It is reported that trial attorneys Stefanie Schwartz and Ethan Cantor of the U.S. Department of Justice's Computer Crime and Intellectual Property Section (CCIPS), along with Assistant U.S. Attorneys Kevin Rosenberg and Rick Blaylock Jr. from the District of Columbia, are handling this case. [Original link]
