US seeks to claim $2.4M in Bitcoin seized from ransomware group
The US is seeking the forfeiture of 20.2 BTC seized by the Dallas FBI from the Chaos ransomware group, adding to the country’s proposed Strategic Bitcoin Reserve.
The United States has filed a civil complaint seeking the forfeiture of $2.4 million in Bitcoin seized by the Dallas FBI, bolstering the proposed US Strategic Bitcoin Reserve.
The civil complaint filed in the Northern District of Texas on Thursday calls for the forfeiture of 20.2 Bitcoin (BTC) seized from an address allegedly associated with a member of the Chaos hacker group, which has been tied to ransomware attacks, the Texas US Attorney’s Office said in a statement on Monday.
Dallas FBI executed the crypto seizure on April 15 this year, according to the complaint, alleging it was the proceeds of “unlawful activity” related to ransomware attacks.