๐ฐ ๐จ.๐ฆ. ๐ฆ๐๐๐ญ๐๐ฆ $๐ฎ๐ฎ๐ฑ๐ ๐๐ก ๐๐ฅ๐ฌ๐ฃ๐ง๐ข ๐ง๐๐๐ ๐ง๐ข ๐ ๐๐ฆ๐ฆ๐๐ฉ๐ ๐๐ฅ๐๐จ๐ ๐ฆ๐๐๐ ๐ฆ
๐ข The U.S. Department of Justice (DOJ) has launched a civil forfeiture lawsuit to seize over $225.3 million in crypto assets, which officials say are linked to investment fraud and money laundering schemes.
๐ What Happened?
Law enforcement used blockchain analysis tools to trace stolen crypto funds through hundreds of thousands of transactions.
These transactions were part of a sophisticated laundering network designed to hide the origins of the stolen money.
The DOJ says the crypto was taken from at least 400 fraud victims who were tricked by fake crypto investment platforms.
๐๏ธ Why It Matters:
This marks the largest crypto seizure ever by the U.S. Secret Service, according to the San Francisco Field Office.
The DOJ aims to return the seized funds to victims after recovering them through legal action.
Officials stress this is part of a nationwide crackdown on crypto scams targeting retail investors.
๐ฌ DOJ Statement:
โWe are committed to protecting the public from fraudulent schemes. Our mission is to recover and return stolen funds,โ said DOJ Criminal Division leadership.
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