FBI Seizes $1.7M In Cryptos: Ether And Stablecoins Dominate List

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The Federal Bureau of Investigation (FBI) has disclosed that it had seized cryptocurrencies valued at approximately $1.7 million between March and July of the current year. According to the official document, “The Federal Bureau of Investigation gives notice that property listed was seized for federal forfeiture for violation of federal law.” Ether (CRYPTO: ETH) made up a significant portion of the confiscated assets, with the agency taking tokens amounting to $800,000. The most substantial single seizure of ether, worth $463,811, took place in the Eastern District of Virginia. When considerin…

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