FBI Seizes $54 Million in Crypto From Drug Traffickers
Reading Time: 2 minutes The FBI has confiscated $54 million in cryptocurrencies linked to an illegal narcotics operation in New Jersey Christopher Castelluzzo and his co-conspirators converted drug proceeds into cryptocurrencies starting in 2014 Authorities successfully traced and seized these ill-gotten cryptocurrency assets in 2022 following recorded prison phone calls The FBI has seized $54 million in cryptocurrencies connected to an illegal narcotics distribution scheme operating in and around New Jersey…
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