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The publish The FBI Seizes $1.7 Million in Crypto from a Drug Trafficking Operation! appeared first on Coinpedia Fintech Information
The US Federal Bureau of Investigation (FBI) seized roughly $1.7 million price of cryptocurrency, in keeping with courtroom paperwork filed in California. The funds have been linked to a darknet drug trafficking operation that concerned utilizing the cryptocurrency to buy unlawful narcotics. The FBI managed to trace down the recipient pockets addresses and has seized the ill-gotten funds from a suspect’s digital pockets. That is simply one other instance of the US authorities’s effort to trace down criminals who use cryptocurrency for unlawful actions. The FBI additionally not too long ago helped Colonial Pipeline get better thousands and thousands of {dollars} in Bitcoin that had been paid to hackers who had attacked the corporate’s cyber infrastructure earlier this yr.
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