US court orders confiscation of approximately $2.5 million worth of cryptocurrency related to cryptocurrency fraud case

According to the official website of the US Department of Justice, the District Court of Columbia has ordered the confiscation of approximately $2.5 million worth of cryptocurrency involved in a cryptocurrency trust scam. The case involves an investigation led by the FBI San Diego Division, with assistance from the Department of Justice's Computer Crime and Intellectual Property Division to complete asset recovery. US prosecutor Jeanine Ferris Pirro emphasized that the asset confiscation system will be used to deprive criminal proceeds and compensate victims.