DOJ Seizes $15 Billion in Bitcoin
The US Department of Justice (DOJ) has executed the largest digital asset seizure in history, targeting $15 billion in Bitcoin linked to transnational scams.
The seizure is valued at $15 billion and represents the largest digital asset seizure effort ever undertaken by the US.
Initial reports cited approximately 250,000 Bitcoins, but subsequent court filings confirmed the seizure of roughly 127,000 Bitcoins.
The cryptocurrency world, often vaunted as an ungovernable frontier of anonymous transactions, just received a massive reality check from the US.
This operation is a historic crackdown on crypto crimes.
Author's summary: DOJ seizes $15 billion in Bitcoin.