The US Seattle Federal Prosecutor's Office is aggressively pursuing the forfeiture of $7.1 million in cryptocurrency crime proceeds. According to CoinTelegraph, these funds were seized by the Department of Homeland Security in December following an investigation into a sophisticated fake oil and gas investment scheme. This action underscores the increasing scrutiny of cryptocurrency-related financial crimes by US law enforcement. The alleged scam lured investors with promises of high returns in the energy sector, only to defraud them and launder the ill-gotten gains through various cryptocurrency channels. The prosecutor's office aims to permanently confiscate the cryptocurrency, sending a clear message that the US justice system will actively pursue and seize assets derived from illegal activities, regardless of their form or location. This case highlights the ongoing battle against cryptocurrency-enabled fraud and the government's commitment to protecting investors. ```
