US prosecutors are seeking forfeiture of $25 million in cryptocurrency tied to international fraud and laundering networks, according to court filings.
The funds are linked to romance and investment scams, with one source specifying the scams as romance and investment scams rather than general international fraud.
$25 million US dollars
Amount of cryptocurrency sought for forfeiture in US court filings.
The forfeiture action is part of five separate investigations.
A dedicated federal scam task force has recovered more than $800 million.
