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DOJ Seeks Seizure of $16 Million in FTX-Linked Crypto Following Year-Long Probe Decrypt 1 week ago

DOJ Seeks Seizure of $16 Million in FTX-Linked Crypto Following Year-Long Probe ⚖️

The Department of Justice (DOJ) is making efforts to seize $16 million worth of cryptocurrencies tied to FTX. This move comes after a thorough year-long investigation into the matter.

Interestingly, these assets have seen their value double since December 2023, highlighting their potential significance in the market.

The seizure aims to reclaim these assets, ensuring legal proceedings align with the ongoing probe into FTX-related activities.

Source: decrypt.co ↗