US Govt Moves $90 Million in Bitcoin, ETH From Estonian Scammers
Summary
The US government transferred over $90 million worth of Bitcoin and Ethereum seized from Estonian nationals involved in a cryptocurrency fraud and money laundering scheme. The funds were moved to new addresses, suggesting strategic consolidation. The Estonians were arrested for orchestrating a $575 million cryptocurrency fraud. The US government's handling of seized digital assets, including the recent transfers, continues to be of interest in the crypto space. BTC traded at $66,311 at press time.
