The U.S. Department of Justice has filed a civil forfeiture lawsuit involving $225 million in Crypto Assets investment fraud and Money Laundering.

ChainCatcher news, the U.S. Department of Justice today filed a civil forfeiture lawsuit in the Federal District Court for the District of Columbia, accusing it of seizing over $225.3 million in Crypto Assets. According to the lawsuit, law enforcement used blockchain analysis and other investigative techniques to determine that the cryptocurrencies were linked to the theft and money laundering of the funds of victims of cryptocurrency investment scams. The complaint alleges that a cryptocurrency address holding over 225.3 million dollars in Crypto Assets 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 numerous cryptocurrency addresses and accounts on the blockchain to conceal the source of illegally obtained funds. It is reported that trial lawyers Stefanie Schwartz and Ethan Cantor from the Computer Crime and Intellectual Property Section (CCIPS) of the U.S. Department of Justice, along with Assistant U.S. Attorneys Kevin Rosenberg and Rick Blaylock Jr. from the District of Columbia, are handling this case.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)