FBI Seizes Bitcoin From Overseas Scammers Who Posed as US Law Enforcement Officials – Featured Bitcoin News

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FBI Seizes Bitcoin From Overseas Scammers Who Posed as US Law Enforcement Officials – Featured Bitcoin News
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The FBI says it has seized bitcoin worth millions of dollars from overseas scammers who posed as members of US law enforcement agencies. $BTC cryptocurrency crypto

The scammers posed as members of U.S. law enforcement agencies and tricked the victims into transferring money to them for “safekeeping.”The U.S. Attorney for the District of Connecticut and the Acting Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation announced Friday that bitcoin and other digital assets have been seized in connection with a fraudulent scheme targeting the elderly.

The case is being investigated by the FBI, the U.S. Secret Service, and the U.S. Marshals Service. At the time of writing, the value of the allegedly seized bitcoin totaled approximately $3.5 million. Once the overseas individuals had access to the victims’ money, they moved the money through multiple bank accounts and converted the money to digital currency in the form of bitcoin and other cryptocurrencies.

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