The post U.S. DOJ Seizes $578 Million in Crypto appeared on BitcoinEthereumNews.com. The US Department of Justice, as part of a task force targeting Southeast AsianThe post U.S. DOJ Seizes $578 Million in Crypto appeared on BitcoinEthereumNews.com. The US Department of Justice, as part of a task force targeting Southeast Asian

U.S. DOJ Seizes $578 Million in Crypto

2026/02/28 05:32
Okuma süresi: 2 dk

The US Department of Justice, as part of a task force targeting Southeast Asian crypto scams, has frozen, seized, and forfeited digital assets worth $578 million stolen from US targets by Chinese transnational crime organizations via websites and social media. This operation was carried out by the Scam Center Strike Force established by Columbia District Prosecutor Jeanine Pirro in November.


Source: Jeanine Pirro

Pirro stated that the seized crypto assets will be returned to victims as much as possible through legal processes. The funds will not be transferred to the Strategic Bitcoin Reserve established by President Donald Trump in March 2025. According to BitcoinTreasuries.NET data, US authorities hold 328.372 BTC detailed analysis from various crime forfeitures. According to Chainalysis, crypto impersonation scams increased by %1.400 in 2025, while average losses rose by %600. In the US, a scammer was sentenced to 20 years in prison for a $73 million fraud.

Impact of the US Crypto Seizure Operation on the BTC Market

Current BTC price: 65.541,90 dollars (-%3,25 24h). This operation may boost market confidence, while in the BTC futures market, BTC PERP rose %8,40 recovering from the 62.401 dollar low. GD Culture Group announced it will use its 7,500 BTC reserve for share buybacks.

Critical Support and Resistance Levels for BTC

  • Supports: S1: 64.257$ (Strong, %79 score, -%1,47 distance)
  • S2: 62.510$ (Strong, %70 score, -%4,15 distance)
  • Resistances: R1: 68.832$ (Strong, %72 score, +%5,55 distance)
  • R2: 78.962$ (Strong, %64 score, +%21,08 distance)

RSI 37,31 (Oversold), EMA20 68.820$, downward trend.

Frequently Asked Questions About the BTC Seizure Operation

Will the seized crypto assets be returned to victims?
Yes, Pirro stated they will be returned through legal processes.

How much BTC reserves does the US hold?
328.372 BTC, outside Trump reserve.

How will this operation affect BTC price?
Increased confidence may support recovery, supports are critical.

Trading Analyst: Emily Watson

Short-term trading strategies expert

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/us-doj-seizes-578-million-in-crypto

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