US government recovers $3.5 million in Bitcoin to reimburse cyber fraud victims

Bitcoin’s surge to a record high of over $107,000 has boosted the US government’s efforts to reimburse victims of a business email compromise (BEC) scheme. On Dec. 16, the US Department...

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US government recovers $3.5 million in Bitcoin to reimburse cyber fraud victims

Source: CryptoSlate

Bitcoin’s surge to a record high of over $107,000 has boosted the US government’s efforts to reimburse victims of a business email compromise (BEC) scheme. On Dec. 16, the US Department of Justice (DOJ) announced the recovery of 32.68 BTC, valued at over $3.5 million, stolen in a December 2023 cyber fraud case. The recovery […]