Department of Justice Seeks Seizure of $16 million Worth of FTX-Related Cryptocurrencies
2024-11-13 04:35:40
According to Decrypt, after a year-long investigation, the Department of Justice has filed a civil forfeiture lawsuit seeking the seizure of about $16 million worth of cryptocurrency held in Binance accounts. The tokens are allegedly linked to SBF-authorized bribes. The value of the assets has more than doubled since the initial transfer, potentially complicating law enforcement's recovery efforts.
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