U.S. Targets $2.4M in Bitcoin from Chaos Ransomware to Strengthen Strategic Reserve ๐ฏ
On July 24, 2025, the U.S. Department of Justice filed a civil forfeiture complaint seeking the confiscation of 20.2 Bitcoinโvalued at approximately $2.4 millionโoriginally seized by the Dallas FBI from the notorious Chaos ransomware group on April 15, 2025. The Bitcoin was traced to a group member known by the alias โHorsโ through advanced blockchain analysis.
If officially forfeited, these funds may be allocated to the U.S. Strategic Bitcoin Reserve, marking a bold step in using seized crypto assets to serve national interests. This action highlights the growing crackdown on cybercrime and the governmentโs evolving strategy to convert illicit digital funds into public resources.
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