PANews reported on June 18 that according to an official announcement, the U.S. Department of Justice filed a civil forfeiture lawsuit in the U.S. District Court for the District ofPANews reported on June 18 that according to an official announcement, the U.S. Department of Justice filed a civil forfeiture lawsuit in the U.S. District Court for the District of

The U.S. Department of Justice files civil forfeiture lawsuit for over $225 million in crypto fraud funds

2025/06/18 23:59

PANews reported on June 18 that according to an 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 cryptocurrencies. According to investigations by law enforcement agencies such as blockchain analysis, these cryptocurrencies are related to the theft and laundering of funds from victims of crypto investment fraud. The relevant addresses constitute a complex money laundering network, and hundreds of thousands of transactions are executed to disperse the stolen funds to conceal the source. The head of the Criminal Division of the Department of Justice said that this move is to protect the public and will do its best to recover the funds. The U.S. Attorney for the District of Columbia said that his office is leading the fight against such scams and will return the seized funds to the victims. It is reported that more than 400 suspected victims have suffered losses due to fraudulent investments. The agent in charge of the U.S. Secret Service's San Francisco Field Office said that the funds seized this time are the largest cryptocurrency seizure in the history of the agency.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

XLM Price Prediction: Stellar Eyes $0.32 Recovery Target Within 30 Days Amid Technical Oversold Conditions

XLM Price Prediction: Stellar Eyes $0.32 Recovery Target Within 30 Days Amid Technical Oversold Conditions

The post XLM Price Prediction: Stellar Eyes $0.32 Recovery Target Within 30 Days Amid Technical Oversold Conditions appeared on BitcoinEthereumNews.com. James Ding Nov 18, 2025 10:25 XLM price prediction suggests a potential 28% rally to $0.32 resistance as oversold RSI conditions and analyst forecasts converge on near-term recovery prospects for Stellar. XLM Price Prediction Summary • XLM short-term target (1 week): $0.28 (+12% from current $0.25) • Stellar medium-term forecast (1 month): $0.30-$0.35 range representing 20-40% upside • Key level to break for bullish continuation: $0.29 resistance (middle Bollinger Band) • Critical support if bearish: $0.24 immediate support, then $0.22 major support Recent Stellar Price Predictions from Analysts The latest XLM price prediction consensus from major analysts shows remarkable alignment around the $0.28-$0.33 range for near-term targets. Changelly and CoinLore both forecast XLM reaching approximately $0.27-$0.274 by November 18, 2025, representing modest 8-10% gains from current levels. More optimistic Stellar forecast projections come from Blockchain.News, targeting $0.31-$0.35 within four weeks, while CoinDCX anticipates $0.33 by month-end. The most bullish long-term XLM price prediction comes from Rivalry at $1.02 average for 2025, though this appears disconnected from current technical realities. DigitalCoinPrice’s $0.54 year-end target and Capital.com’s $0.41 average forecast provide middle-ground perspectives, suggesting analysts see significant upside potential despite current bearish momentum. The consensus XLM price target of $0.29 resistance represents a critical technical level that aligns with multiple analyst projections. XLM Technical Analysis: Setting Up for Oversold Bounce Current Stellar technical analysis reveals XLM trading near oversold territory with an RSI of 33.34, approaching the traditional oversold threshold of 30. This positioning often precedes short-term bounces, particularly when combined with XLM’s current location near the lower Bollinger Band at $0.24. The MACD histogram reading of -0.0017 indicates bearish momentum is weakening, while the Stochastic oscillator shows extreme oversold conditions with %K at 11.16 and %D at 7.87. These momentum indicators suggest XLM…
Share
BitcoinEthereumNews2025/11/19 23:36
Tether Dominance Surges to 6% — A Red Flag for the Market?

Tether Dominance Surges to 6% — A Red Flag for the Market?

The post Tether Dominance Surges to 6% — A Red Flag for the Market? appeared on BitcoinEthereumNews.com. In November 2025, the Tether Dominance index (USDT.D) — the share of USDT’s market cap relative to the total crypto market cap — officially surpassed 6%. It also broke above a descending trendline that had remained intact since 2022. Analysts have expressed concern as USDT.D breaks a long-term resistance level. The move often signals the beginning of a major correction or even an extended bear market for the entire crypto market. How Significant Is the Rise of USDT.D in the Market Context of November? TradingView data shows that USDT.D reached 6.1% on November 18 before pulling back to 5.9%. Sponsored Sponsored Earlier in the month, this metric sat below 5%. The increase reflects heightened caution among investors. Many have rotated capital into the most liquid stablecoin instead of deploying funds to buy deeply discounted altcoins. USDT.D vs. Total Market Cap. Source: TradingView Historical data indicate a strong inverse correlation between USDT.D and total market capitalization. Therefore, USDT.D breaking above a trendline that has held for nearly four years may signal deeper market-wide declines ahead. Several analysts expect USDT.D to climb toward 8% by the end of the year, implicitly suggesting that a bear market may be forming in November. This projection has merit because fear continues to grow and shows no signs of easing. In addition, the well-known analyst Milk Road highlights a notable shift in the stablecoin market. DefiLlama data shows that the total stablecoin market cap fell from $309 billion at the end of October to $303.5 billion in November. Stablecoin Market Cap. Source: DefiLlama. The stablecoin market has shed approximately $5.5 billion in less than a month. This marks the first significant decline since the 2022 bear market. The DefiLlama chart reveals that, after four years of continuous growth, the curve has flattened and is starting to…
Share
BitcoinEthereumNews2025/11/19 23:28