DOJ Seizes $15 Billion in Bitcoin
The US Department of Justice (DOJ) has executed the largest digital asset seizure in history, targeting $15 billion in Bitcoin linked to transnational scams.
The seizure involves roughly 127,000 Bitcoins, valued at $15 billion at the time of the announcement, making it the largest crypto crackdown in history.
The cryptocurrency world, often vaunted as an ungovernable frontier of anonymous transactions, just received a massive reality check from the U.S.
This operation represents the largest digital asset seizure effort ever undertaken by the US.
Author's summary: DOJ seizes $15 billion in Bitcoin.