Bitcoin, Ether, Tether, Monero and Dai are some of the crypto-assets seized by FBI in a period of three months.
The Federal Bureau of Investigation 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.
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 residence of Kraken founder Jesse Powell in July, a few months after a nonprofit organization accused the exec of hacking and cyberstalking activities.by the FBI. He had reportedly turned on Sam Bankman-Fried days before bankruptcy.
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