The Federal Bureau of Investigation (FBI) says it has seized bitcoin worth millions of dollars from overseas scammers targeting the elderly. The scammers posed as members of U.S. law enforcement agencies and tricked the victims into transferring money to them for “safekeeping.”
FBI Says It Has Seized Bitcoin From Scammers Overseas
The U.S. Attorney for the District of Connecticut and the Acting Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation (FBI) announced Friday that bitcoin and other digital assets have been seized in connection with a fraudulent scheme targeting the elderly. They detailed:
An investigation of a fraud scheme targeting vulnerable victims has resulted in the forfeiture of approximately 151 bitcoins, as well as other digital assets.
The case is being investigated by the FBI, the U.S. Secret Service, and the U.S. Marshals Service. At the time of writing, the value of the allegedly seized bitcoin totaled approximately $3.5 million.
The fraud, which occurred in approximately October 2020, involved overseas individuals pretending to be members of U.S. law enforcement agencies. They targeted “vulnerable victims, including first-generation U.S. citizens and elderly persons,” the authorities said. Through phone calls, they told the victims that their identity had been compromised. After gaining the victims’ trust, the scammers requested transfers of money for “safekeeping” with the promise of returning the funds plus interest. The announcement details:
Once the overseas individuals had access to the victims’ money, they moved the money through multiple bank accounts and converted the money to digital currency in the form of bitcoin and other cryptocurrencies.
“Law enforcement investigators traced the victims’ money through the various accounts and identified a digital wallet holding bitcoin and other cryptocurrencies that had been purchased with the victims’ money,” the announcement adds. The authorities noted that the overseas scammers remain at large.
The U.S. Attorney’s Office has been granted “a civil asset forfeiture seizure warrant for the digital wallet,” the announcement clarifies, elaborating:
The U.S. Attorney’s Office used the civil asset forfeiture procedure because the digital assets constituted the proceeds of wire fraud.
What do you think about this case? Let us know in the comments section below.
Source: Featured Archives – Bitcoin News
Elon Musk Reaffirms Offer to Eat Happy Meal on TV if McDonald’s Accepts Dogecoin
Tesla and Twitter CEO Elon Musk has reaffirmed his commitment to eat a McDonald’s Happy Meal on TV if the fast food chain accepts the meme cryptocurrency dogecoin (DOGE). Musk originally made the offer a year ago but McDonald’s responded with a counteroffer at the time. Elon Musk, McDonald’s, and Dogecoin Payments Tesla, Spacex, and […]
Tesla and Twitter CEO Elon Musk has reaffirmed his commitment to eat a McDonald’s Happy Meal on TV if the fast food chain accepts the meme cryptocurrency dogecoin (DOGE). Musk originally made the offer a year ago but McDonald’s responded with a counteroffer at the time.
Elon Musk, McDonald’s, and Dogecoin Payments
Tesla, Spacex, and Twitter CEO Elon Musk has reaffirmed his commitment to eat a McDonald’s Happy Meal on Television if the fast food giant starts accepting payments in dogecoin (DOGE).
It has been a year since the billionaire tweeted his offer on Jan. 25, 2022. However, McDonald’s did not accept his offer at the time. “Only if Tesla accepts grimacecoin,” the Twitter account for the fast food corporation replied to him. Grimace is a fluffy, purple character who tags along with Ronald McDonald in McDonaldland commercials.
The subject came up again this week when Twitter user Dogedesigner asked Musk on Thursday whether his offer is still open. The Tesla boss replied with the 100 emoji, indicating that he still stands by his offer.
Following the interaction between the McDonald’s Twitter account and Musk in January last year, grimacecoin (GRIMACE), a crypto token that has nothing to do with either McDonald’s or Musk, was launched. At the time of writing, each grimacecoin is trading at $0.5879.
Musk, who is known in the meme crypto community as the Dogefather, has long been a supporter of dogecoin. His electric car company, Tesla, currently accepts DOGE for some merchandise, and Musk has said that Spacex will follow suit. Moreover, his Boring Company accepts DOGE payments for some rides.
The billionaire previously revealed that he personally owns bitcoin, ether, and dogecoin. He said in June last year that he will keep buying and supporting DOGE. In July, he confirmed that Tesla has not sold any DOGE, and in November, he said: “Dogecoin to the Moon.”
What do you think about Elon Musk offering to eat a McDonald’s Happy Meal on TV if the fast food chain accepts dogecoin? Let us know in the comments section below.
Source: Featured Archives – Bitcoin News