Wu learned that the U.S. Internal Revenue Service Criminal Investigation Division (IRS-CI) issued an official forfeiture notice on June 26, listing multiple crypto assets that have been seized and are subject to federal forfeiture proceedings, totaling approximately 442.5k USDT. The notice states that the relevant assets were seized by IRS-CI from unidentified entities in the British Virgin Islands; additionally, there are 3.601961 BTC, about 1.46 ETH, XRP, ADA, XLM, DOGE, and other assets. The notice does not disclose specific case details, and the relevant assets are still in the federal forfeiture notice process.

BTC2.01%
ETH3.09%
XRP4.05%
ADA3.10%
XLM1.90%
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OrderbookOtter
· 10h ago
I'm curious what's behind this case, money laundering or tax evasion? Waiting for indictment details.
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NftsOutsideTheTidalLine
· 10h ago
440k USDT is not too much nor too little; the key signal is that the IRS has started publicly displaying its seizure list, to make an example of someone.
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MorandiLily
· 10h ago
IRS has taken action, even the anonymous wallets in BVI can't escape, on-chain tracing + traditional law enforcement coordination is becoming smoother and smoother.
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