FBI seizes almost $2M in crypto assets in three months

A nationalist filing released by the United States Federal Bureau of Investigation (FBI) shows that astir $1.7 cardinal worthy of integer assets were seized by the instrumentality enforcement bureau from March to May.

According to the Filing, the FBI seized $147,000 successful Bitcoin (BTC), $800,000 successful Ether (ETH), $307,000 successful Tether (USDT), 469,000 successful DAI (DAI) and $20,000 successful Monero (XMR). The assets were confiscated from assorted sources including Binance speech wallets.

An excerpt from the FBI filing released connected August 16, 2023. Source: FBI

In the Eastern District of Virginia, the bureau confiscated a full of 428.5 ETH, which is the largest magnitude seized truthful far. One of the Ether seizures was worthy astir $463,000.

Within the filing, the FBI besides highlighted that the seizures of the assets were a effect of assorted breaches successful national regulations. The FBI wrote:

“The Federal Bureau of Investigation (FBI) gives announcement that the spot listed beneath was seized for national forfeiture for usurpation of national law.”

Apart from cryptocurrencies, the FBI besides listed the seizure of assorted items including United States Dollars (USD) from slope accounts, sports cars, luxury bags, apparel and shoes.

Related: FBI searched Kraken co-founder’s location successful March: Report

Meanwhile, the FBI has been perpetually reminding the crypto community that determination are assorted scammers posing arsenic morganatic radical wrong the nonfungible token (NFT) space. On Aug. 6, the FBI warned astir relationship hijackers who instrumentality vantage of victims by creating a "sense of urgency" and pb them to fake websites utilized to bargain their assets. The FBI said that criminals either hack authoritative societal accounts oregon make caller ones that look akin to the authoritative ones to execute theft and fraud.

Apart from phishing scams and societal media hijacking, the FBI besides warned astir fake crypto occupation advertisements earlier this year. On May 23, the bureau noted that U.S. citizens should beryllium alert of mendacious occupation advertisements related to occupation trafficking, wherever victims are forced to perpetrate crypto concern fraud.

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