US Authorities to Return Over $500,000 Worth of Bitcoin to a Conned Elderly Person - BitcoinEthereumNews.com
BitcoinUS Authorities to Return Over $500,000 Worth of Bitcoin to a Coned Elderly Person03 / 16 / 2022बिटकॉइन एथेरियम समाचार US Attorney Dena J. King anounced that law enforcement seized $547,000 worth of bitcoin from a criminal who coned an elderly person last year. The officials will return all funds to the victim. Cracking Down a Crypto Scam In its latest efforts to fight fraudulent activities involving cryptocurrencies, American officials confiscated more than $500,000 in bitcoin from a criminal. The latter drained the funds from an elderly Ashville resident last year, as the sum represented his retirement savings. हाल ही में एक के अनुसार घोषणा by the United States Department of Justice, the scammer deceived the victim that his personal data had been used to facilitate illicit operations such as drug trafficking and money laundering. The fraudster, who identified himself as Agent James Hoffman, told the man to deposit funds into a “secure” government account to protect himself. Later on, the criminal advised the victim to purchase bitcoin through Coinbases application and transfer the crypto assets into the aforementioned account. The coned person used all his retirement savings, equaling around $547,000, to buy a little over 12 BTC. Fortunately for him, Coinbase and the FBI launched