US looks to grab $7.1M in crypto from oil and gas investment scam
Federal prosecutors in Seattle are looking to win forfeiture of millions worth of crypto tied to an investment scheme in the hope of distributing it to victims.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Federal prosecutors in Seattle are looking to win forfeiture of millions worth of crypto tied to an investment scheme in the hope of distributing it to victims.
Why this matters
This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
US Charges Man After Crypto Scam Wallets Received More Than $53M
TL;DR U.S. prosecutors have charged a Vietnamese national with money laundering tied to alleged cryptocurrency “pig butchering” sc...
Washington has $114 billion reasons to want Tether around
Not that long ago, Washington fined Tether for misleading people about the dollars behind its tokens. Today, the company's insatia...
Bitcoin ATM Scam Takes $4,900 After Fake Jury Duty Threat
A Georgia woman deposited $4,900 into a Bitcoin ATM after being told she had missed jury duty and needed to pay to avoid arrest. H...
Feds Charge Vietnamese National in $16M Pig Butchering Crypto Scheme
A Vietnamese national has been charged with laundering money from a sprawling “pig butchering” cryptocurrency scam that U.S. feder...
Strive preferred stock trades enough to buy 1,400 Bitcoin worth $117M
Strive's innovative use of perpetual preferred stock for Bitcoin acquisition could reshape corporate treasury strategies, minimizi...
Who Bought Bitcoin’s Breakout? The Answer Will Decide Whether The Price Holds
In August, bitcoin’s rally was driven by spot bitcoin ETFs, which bought for nine straight trading days, and by short sellers who...