The U.S. Attorney’s Office and Secret Service filed a civil forfeiture complaint targeting more than $225.3 million in cryptocurrency alleged to be proceeds of large-scale confidence investment scams. Investigators used blockchain-analysis tools to map hundreds of thousands of transactions and follow a sophisticated laundering network.

In one of the largest crypto-related forfeiture actions to date, U.S. federal law enforcement filed a civil complaint seeking seizure of over $225.3 million in cryptocurrency tied to confidence frauds that targeted investors. Agencies reported that forensic blockchain analysis allowed investigators to trace complex transaction graphs, identify intermediary addresses, and uncover patterns consistent with layering and obfuscation used to launder proceeds. The complaint details how funds were aggregated, split across numerous wallets, passed through mixing services or convertible token swaps, and then funneled to accounts linked to facilitators and cash-out points. Prosecutors say the case demonstrates growing U.S. emphasis on tracing digital assets, disrupting the financial infrastructure of online investment scams, and recovering victim funds where possible. The action is being cited as a precedent for combining legal tools with blockchain analytics to pursue cross‑border laundering and hold facilitators accountable.