The U.S. Department of Justice (DOJ) has filed a civil forfeit lawsuit aiming to recover $16 million worth of crypto assets. These assets are believed to be connected to the contentious crypto exchange, FTX, and its founder, Sam Bankman-Fried.
A significant portion of these crypto assets, more than half, were held in Solana (SOL). The ongoing investigation adds another layer to the scrutiny surrounding FTX and its dealings.
The lawsuit indicates the continued focus of U.S. authorities on the crypto sector, especially concerning fraud and regulatory compliance, as they seek to tighten controls on potentially illicit activities linked to cryptocurrencies.
