The United States applies for confiscation of 110300 USDT, involving a $900000 Bitcoin theft case

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On September 28th, a federal prosecutor in Massachusetts filed a civil confiscation lawsuit, requesting the confiscation of 110300 USDT seized from a Binance account. The case involves phishing messages impersonating Coinbase, resulting in the theft of 33.7 bitcoins worth approximately $900000 from a beneficiary and their family trust in the same Coinbase account. Investigators stated that from June 5th to 15th, 2023, 11.2 stolen bitcoins were traced to the Binance account and quickly exchanged for Monero. When the FBI requested to freeze the account, it held approximately 758.55 Monero coins; Binance will transfer 110300 USDT to a government controlled wallet on August 3, 2026. (Source: Bitcoin.com News)

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