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doj bitcoin seizure
The term **"DOJ Bitcoin seizure"** refers to an event or action in which the **U.S. Department of Justice (DOJ)** seizes (takes possession of) Bitcoin or other cryptocurrencies as part of a criminal investigation or legal proceeding. This usually happens when Bitcoin is linked to illegal activities such as hacking, fraud, drug trafficking, or money laundering. After seizure, the DOJ holds the assets until they are either returned to victims or liquidated through lawful procedures, often following a court judgment or forfeiture process.
US Justice Department Seizes $15 Billion in Bitcoin — Largest Crypto Confiscation in History
In what officials describe as the largest cryptocurrency confiscation ever, the US Department of Justice has seized 127,271 bitcoins — valued at roughly $15 billion — from businessman Chen Zhi. The dual...
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