๐จ Seized Bitcoin Triples in Value ๐จ
Fraud victims may get FULL refunds thanks to bitcoinโs epic price surge.
๐บ๐ธ Law enforcement seized 32.68 $BTC (then $900K) from a Nigerian-based fraud scheme targeting real estate transactions. Today, that same bitcoin is worth over $2.7Mโenough to recover $1M in losses for 10 victims.
The rising price of bitcoin ensures that victims will be made whole, the U.S. Attorneyโs Office announced.
๐ก A system breach in December 2023 led fraudsters to intercept mortgage payments. Quick action preserved funds, turning crypto volatility into a silver lining.
๐ A win for the victims. A lesson in value recovery.
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