US Seizes $54 Mln Crypto, Including Ethereum, In Narcotics Scheme

A recent filing showed that the U.S. Attorney’s Office is taking legal action to recover more than $54 million in cryptocurrency linked to an illegal narcotics distribution scheme. The cryptocurrency, including 30,000 Ethereum (ETH) valued at approximately $53.5 million, was previously seized and can be traced back to criminal activities. Meanwhile, the move highlights authorities’ The post US Seizes $54 Mln Crypto, Including Ethereum, In Narcotics Scheme appeared first on CoinGape .