US Could Seize $7.1M in Crypto from Global Oil Investment Scam

2025-07-23 08:59:23

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The post US Could Seize $7.1M in Crypto from Global Oil Investment Scam appeared first on Coinpedia Fintech News The US government is trying to seize $7.1 million in cryptocurrency linked to a major oil and gas investment scam. According to the Seattle US Attorney’s Office, the money was seized by Homeland Security in December 2024, and is part of a much larger fraud that allegedly collected $97 million from investors between June 2022 and July 2024. Victims were told their money would go into o...

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