FBI adds assets worth $1.7 million to its growing bag of confiscated crypto

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FBI adds assets worth $1.7 million to its growing bag of confiscated crypto
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A new filing from the FBI shows the agency confiscated nearly $1.7 million worth of cryptocurrency between March and July this year.

from the Federal Bureau of Investigation shows the agency confiscated nearly $1.7 million worth of cryptocurrency between March and July this year.

Most of the seizures consisted of ether, with tokens worth $800,000 confiscated. The agency seized ether valued at $463,811 in the Eastern District of Virginia, the largest confiscation on the list.Large amounts of stablecoins were also seized. In one case, DAI worth $469,000 was seized in the Eastern District of Virginia. There were eight listed incidents of USDT seizure, but no confiscations of USDC.

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