On April 4, 2022, the Division of Justice (DOJ) and the U.S. Lawyer’s Workplace of South Florida revealed that regulation enforcement seized $34 million in crypto property from an unidentified man dwelling in Florida. In line with the DOJ, the person allegedly performed greater than 100,000 gross sales on darknet markets, promoting on-line account info tied to individuals’s Netflix, HBO, and Uber accounts.
DOJ Seizes $34 Million in Digital Belongings From Florida Resident Accused of Promoting Stolen On-line Data through the Deep Internet
The DOJ and U.S. Lawyer’s Workplace of South Florida introduced on Monday that $34 million in cryptocurrencies had been forfeited to the federal authorities. The funds stem from a South Florida resident that allegedly offered on-line info like monetary particulars tied to particular net providers like Netflix, Uber, HBO, and lots of others.
Reportedly, the person took the personal info to darknet markets on the deep net utilizing the privacy-enhancing Tor browser and offered the information for crypto. The unidentified man is accused of conducting greater than 100,000 gross sales with stolen info. Whereas the federal authorities seized the $34 million in digital property, the suspect from the suburban metropolis of Parkland, Florida was not named or charged within the official press launch.
U.S. regulation enforcement did say it was “one of many largest cryptocurrency forfeiture actions ever filed by the US.” In line with the DOJ press launch, the unidentified Parkland suspect allegedly used “tumblers,” “crypto mixers,” and “chain hopping” to hide his proceeds. The DOJ says the person leveraged mixers and chain hops to “obscure the unique supply of funds.”
‘Operation TORnado’
The forfeiture motion stemmed from a particular operation dubbed “TORnado,” and it entails a large number of federal, state, and native regulation enforcement companies. Along with the DOJ, the “RS-CI, FBI, DEA, Homeland Safety Investigations (HSI), and U.S. Postal Inspection Service (USPIS) investigated the case” as nicely.
U.S. regulation enforcement, significantly the DOJ, has been busy with varied legal instances that contain digital property in current instances. On the finish of March, the DOJ revealed the company charged two people in a million-dollar “NFT rug pull” rip-off.
In mid-November 2021, the DOJ was coping with the sale of $56 million in seized Bitconnect funds stemming from the crypto Ponzi’s “primary promoter.” The DOJ was additionally concerned with the current seizure of 94,636 BTC that got here from the 2016 Bitfinex hack.
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