The US Department of Justice has initiated proceedings to seize over $25 million in cryptocurrency connected to international fraud networks. The assets are allegedly linked to various schemes, including romance and investment scams that targeted victims worldwide. The US government aims to forfeit the funds as part of its efforts to disrupt and dismantle these illicit operations.
Source
"US Seeks Forfeiture of Over $25 Million in Crypto Linked to Scams" — Cointelegraph
This article is Bitcoincryptos' summary and analysis of reporting originally published by Cointelegraph. Read the full original report at the link above.