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TheCoinRepublic

DOJ Seizes $15 Billion Worth of Bitcoin in Largest Forfeiture, Boosting US Strategic Reserve

Key Insights: The US Department of Justice (DOJ) filed a civil forfeiture complaint against approximately 127,271 Bitcoin (BTC), currently valued at $15 billion, representing the largest forfeiture action in department history. The filing is part of the unsealing of an indictment on October 14 charging Chen Zhi, known as "Vincent," with wire fraud conspiracy and [...]The post DOJ Seizes $15 Billion Worth of Bitcoin in Largest Forfeiture, Boosting US Strategic Reserve appeared first on The Coin Republic.

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