Feds Move to Seize $25 Million in Crypto From Scammers
Federal authorities hope to recover $25 million in cryptocurrency connected to romance/investment scam investigations. The Justice Department (DOJ) announced Tuesday (July 21) it had filed complaints in federal court seeking forfeiture of more than $25 million in cryptocurrency recovered during separate fraud investigations conducted by the Secret Service . That investigation, the DOJ said, uncovered multiple laundering networks as well as thousands of thousands of victims around the world who w