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US DOJ files $225m forfeiture in landmark cryptocurrency fraud case

A visual representation of the digital Cryptocurrency, Bitcoin.
Photo: Dan Kitwood/Getty Images

Vlada Gurvich

5 min read
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Case concerns $225m in crypto linked to a global investment fraud scheme targeting hundreds of victims.

In one of the largest cryptocurrency forfeitures in US history, the Department of Justice (DOJ) has filed a civil complaint to seize over $225m in digital assets linked to a sprawling investment fraud scheme.

The funds, traced through an intricate network of blockchain transactions, are believed to have been stolen

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