The U.S. Department of Justice has filed a lawsuit to seize $225.3 million in Crypto Assets related to a large-scale investment fraud Money Laundering case.

According to the official announcement, the U.S. Department of Justice filed a civil forfeiture lawsuit in the U.S. District Court for the District of Columbia, targeting more than $225.3 million in cryptocurrency. According to the blockchain analysis and other investigations of law enforcement agencies, these cryptocurrencies are related to the theft and laundering of funds of victims of crypto investment fraud, and the relevant addresses constitute a complex money laundering network, executing hundreds of thousands of transactions to disperse the stolen funds to conceal the source. The head of the Criminal Division of the Ministry of Justice said that the move was to protect the public and that every effort would be made to recover the funds. The U.S. attorney for the District of Columbia said his office is leading the fight against such scams and will return seized funds to victims. It is reported that more than 400 suspected victims suffered losses due to fraudulent investments. The head of the U.S. Secret Service's San Francisco field office said the seizure was the largest cryptocurrency seizure in the agency's history.