The U.S. Department of Justice has filed a civil forfeiture lawsuit involving $225 million in funds related to crypto assets investment fraud and Money Laundering.

2025-06-18 15:55:11

The U.S. Department of Justice today filed a civil forfeiture lawsuit in federal district court for the District of Columbia, alleging that it allegedly forfeited more than $225.3 million worth of cryptocurrency. According to the lawsuit, law enforcement used blockchain analysis and other investigative techniques to determine that the cryptocurrencies were linked to the theft and money laundering of the funds of victims of cryptocurrency investment scams. The complaint alleges that the cryptocurrency address holding more than $225.3 million in cryptocurrency is part of a sophisticated blockchain-based money laundering network that executes hundreds of thousands of transactions and is being used to disperse the proceeds of cryptocurrency investment fraud across a number of cryptocurrency addresses and accounts on the blockchain to disguise the source of illegally obtained funds.

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