Latest News and Articles about Crypto Seizure
South Korea’s NTS Loses $4.8M in Crypto After Leaking Mnemonic Phrase in Press Release
South Korean Authorities Botch $4.8M Crypto Seizure with Mnemonic Phrase Leak South Korea’s National Tax Service (NTS) just pulled off a heist—of their own incompetence. On February 26, they announced a major win against tax evaders, seizing assets worth $5.6 million, only to lose nearly $4.8 million in cryptocurrency by publicly exposing a critical mnemonic […]
Read MoreDOJ Seizes Record $225M in USDT from Massive Pig Butchering Crypto Scam
DOJ Lands Historic $225M Crypto Seizure in Pig Butchering Scam Bust The U.S. Department of Justice (DOJ) has struck a massive blow against crypto crime, seizing $225.3 million in Tether’s USDT in what stands as the largest cryptocurrency confiscation tied to a single scam. This colossal bust targets a “pig butchering” investment fraud that ensnared […]
Read MoreU.S. Seizes $1M+ in Crypto from Binance in Major Fraud Crackdown
U.S. Government Seizes Crypto Assets in Major Crackdown on Wire Fraud The U.S. government has launched a civil forfeiture action to seize various cryptocurrencies linked to a wire fraud and money laundering scheme. The assets, valued at over $1 million, were seized from a Binance account belonging to Avwerosuo Omokri, a Nigerian national. The fraud […]
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