US Department of Justice: Prosecutors file civil confiscation lawsuit to recover cryptocurrency assets

On February 20th, according to the official website of the US Department of Justice, US prosecutors filed a civil confiscation lawsuit against a cryptocurrency investment fraud case, recovering 7.24 BTC, 14120 USDT, 105.75 ETH and other cryptocurrency assets. An investigation shows that a Massachusetts resident was lured into joining a fake investment group and was deceived into transferring funds to a suspicious trading platform. Law enforcement agencies have found that at least three victims in the United States have remitted money to the same platform, and some of the funds were seized in October 2024. The prosecutor emphasized that using telecommunications to defraud or conceal criminal proceeds is a federal crime, and the relevant assets will be returned to the victims after the civil lawsuit is concluded.