Federal authorities are working to return $8.2 million in seized cryptocurrency to victims of a widespread crypto fraud scheme. The scheme targeted individuals across multiple states, tricking them through deceptive messages and fake platforms. The United States Attorney's Office for the Northern District of Ohio has filed a civil complaint seeking forfeiture of 8,207,578 tether (USDT) that was recovered through an FBI investigation. The FBI has identified 33 victims who lost approximately $4.9 million, with an additional $1,071,086 lost by victims associated with five more affected accounts. The scammers gained victims' trust through deceptive text messages before convincing them to invest in fraudulent cryptocurrency platforms. The ultimate goal of the action is to return the stolen assets to those who were defrauded.
Content Editor ( news.bitcoin.com )
- 2025-03-07
FBI Races to Get $8.2M in Seized Crypto Back Into Victims' Hands
