U.S. Attorney’s Office Files Civil Forfeiture Action to Return $2.3M in Crypto Tied to 37 Scam Victims

Date:

Share post:



U.S. Attorney’s Office Files Civil Forfeiture Action to Return $2.3M in Crypto Tied to 37 Scam Victims

The cryptocurrencies – which includes nearly 300,000 (USDC), 1.5 million (USDT), 102,000 (TRX), 3,000 (SOL), and 14,000 (ADA) – were seized from two Binance accounts in January, following an investigation last spring into a “pig butchering” scam targeting a Massachusetts resident. The victim of the scam was tricked into forking over $400,000 to the scammers, who transferred the funds to other wallets that investigators then connected to funds from the other 36 victims.



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

Schwab to join prediction markets race with S&P 500 event-based options: WSJ

Charles Schwab is working with Cboe Global Markets to launch a new type of options contract that...

Crypto Kidnappers Plead Guilty in $8M Minnesota Robbery

Two brothers accused of kidnapping a Minnesota family at gunpoint last year to steal $8 million in...

The Market’s Compass Crypto Sweet Sixteen Study

Welcome to this week’s publication of the Market’s Compass Crypto Sweet Sixteen Study #246. The Study tracks...