US seeks court approval to return $8.2m in seized crypto to scam victims

US seeks court approval to return $8.2m in seized crypto to scam victims

The United States Attorney’s Office in Ohio is looking to forfeit millions in seized crypto from a scam operation and return it to victims who were tricked into fake investments. According to a recent statement, authorities have asked the court to officially seize roughly $8.2 million USDT held in three cryptocurrency wallets. The assets in … Read more

Binance founder CZ donates to Libra memecoin scam victims

Binance founder CZ donates to Libra memecoin scam victims

Changpeng Zhao (CZ), the founder of Binance, has promised to donate 150 BNB, or roughly $100,000, to the victims of the LIBRA memecoin scam as a gesture of support. CZ’s action came in response to a college student named EnHeng announcing their plan to donate $50,000 and raise additional funds to aid the victims.  Deeply … Read more