The U.S. government has recovered $225 million in what is now the largest seizure of funds linked to a cryptocurrency investment scam.

[Augusta]

The U.S. government has recovered $225 million in what is now the largest seizure of funds linked to a cryptocurrency investment scam. In a statement released Wednesday, June 18,

In a statement released Wednesday, June 18, the U.S. Attorney’s Office said the recovery followed an extensive investigation by the FBI and the U.S. Secret Service, using blockchain analysis and other forensic tools. The statement did not confirm whether any arrests had been made.

According to the authorities, the stolen funds originated from fraudulent cryptocurrency investment schemes that tricked victims into believing they were making legitimate investments. More than 400 individuals around the world, including dozens in the United States, were reportedly affected.

 

[Kera]

It is actually possible for lost crypto to be recovered afterall. But it needs a high level connect to get that.

 

[Augusta]

Yeah it is good these has been recovered. This is really a huge sum of money that have been recovered