CryptoMediaClub
Friday, July 11, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

FBI Confiscated Nearly $2M Worth of Crypto Between March and May 2023: Report

20.08.2023
A A
0
123
VIEWS
ShareShare

The Federal Bureau of Investigation (FBI) announced confiscating approximately $1.7 million worth of crypto assets from March to May in the United States in a bid to combat illicit activities.

The seizures were carried out as a result of numerous breaches in federal regulations.

  • The law enforcement agency took control of $147,000 in Bitcoin (BTC), $800,000 in Ether (ETH), $307,000 in Tether (USDT), 469,000 in Dai, and $20,000 in Monero (XMR) across Arizona, California, Connecticut, Florida, Georgia, Illinois, Louisiana, Massachusetts Michigan, Minnesota, Nebraska, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oklahoma, and Pennsylvania, among other states.
  • According to the official document, the FBI seized a total of 428.5 ETH in the Eastern District of Virginia, which amounted to approximately $463,000, marking the most substantial confiscation so far.
  • In addition to digital assets, the FBI also documented the seizure of US Dollars from bank accounts, sports cars, and luxury items such as bags, clothing, footwear, etc.
  • The FBI has consistently issued warning against fraudsters in the crypto space and has also raided the houses of several well-known industry players.
  • The US law enforcement agency searched the residence of Kraken founder Jesse Powell in July, a few months after a nonprofit organization accused the exec of hacking and cyberstalking activities.
  • The former CEO of FTX’s Bahamian subsidiary, Ryan Salam’s house, was also raided by the FBI. He had reportedly turned on Sam Bankman-Fried days before bankruptcy.
  • Earlier this year, the agency also cautioned about fake job ads that entice people to Southeast Asia, where innocent victims are held against their will and coerced into perpetrating international crypto scams on unsuspecting victims.

Featured Image Courtesy of CNN

SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.

Share9Tweet6ShareSharePin2

Related Posts

Ant Group Integrates USDC Into Its Global Blockchain Platform
All news

Ant Group Integrates USDC Into Its Global Blockchain Platform

11.07.2025
0

FinTech giant Ant Group is preparing to integrate the USDC stablecoin into its international blockchain platform to optimize cross-border settlements...

Read moreDetails
XXKK Exchange Secures CoinMarketCap Listing, Boosts Global Transparency

XXKK Exchange Secures CoinMarketCap Listing, Boosts Global Transparency

11.07.2025
$75 Million Worth of Real Estate to Be Tokenized in Japan

$75 Million Worth of Real Estate to Be Tokenized in Japan

11.07.2025
Dogecoin, XRP, and Bitcoin Mining Unlock New Era of Passive Income for Crypto Holders

Dogecoin, XRP, and Bitcoin Mining Unlock New Era of Passive Income for Crypto Holders

11.07.2025
Bitcoin Price Surpasses $118,000 for First Time Amid Accumulation Surge

Bitcoin Price Surpasses $118,000 for First Time Amid Accumulation Surge

11.07.2025
Load More
Next Post
Gryphon Digital seeks court dismissal of Sphere’s lawsuit

Gryphon Digital seeks court dismissal of Sphere's lawsuit

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Spot Ethereum ETF Trading Starts in U.S.

Spot Ethereum ETF Trading Starts in U.S.

12 months ago
Bitcoin Whales Accumulate 20,000 BTC in Just Two Days

Bitcoin Whales Accumulate 20,000 BTC in Just Two Days

2 years ago
Best Crypto to Buy Now September 10 – ICP, FET, BSV

Best Crypto to Buy Now September 10 – ICP, FET, BSV

10 months ago
BlackRock Bitcoin ETF Approval Inches Closer: Industry Insiders Share Insights

BlackRock Bitcoin ETF Approval Inches Closer: Industry Insiders Share Insights

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Ethereum Foundation denies selling assets amid ETH’s climb past $3,000

$75 Million Worth of Real Estate to Be Tokenized in Japan

Dogecoin, XRP, and Bitcoin Mining Unlock New Era of Passive Income for Crypto Holders

Bitcoin Price Surpasses $118,000 for First Time Amid Accumulation Surge

Australia’s Tasmania Joins Nationwide Crackdown on Crypto ATMs as Scam Losses Hit $1.6 Million

XRP Price Surges 8% in Breakout Move – Can It Reach $6 in This Rally?

Trending

Ethereum futures volume surpasses Bitcoin for first time amid 5 month high
Analysis

Ethereum futures volume surpasses Bitcoin for first time amid 5 month high

11.07.2025
0

Ethereum’s daily futures trading volume exceeded Bitcoin’s for the first time on July 10, a landmark development...

Ant Group Integrates USDC Into Its Global Blockchain Platform

Ant Group Integrates USDC Into Its Global Blockchain Platform

11.07.2025
XXKK Exchange Secures CoinMarketCap Listing, Boosts Global Transparency

XXKK Exchange Secures CoinMarketCap Listing, Boosts Global Transparency

11.07.2025
Ethereum Foundation denies selling assets amid ETH’s climb past $3,000

Ethereum Foundation denies selling assets amid ETH’s climb past $3,000

11.07.2025
$75 Million Worth of Real Estate to Be Tokenized in Japan

$75 Million Worth of Real Estate to Be Tokenized in Japan

11.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz