The United States (US) government is seeking to claim $2,400,000 in stolen crypto previously recovered by the Dallas FBI.
Five days ago, the US filed a civil complaint in the Northern District of Texas to claim over $2,400,000 in stolen Bitcoin (BTC) funds seized by the Dallas FBI earlier this year from a ransomware group known as ‘Hors.’
Says the DOJ,
“As alleged in the complaint, 20.2891382 BTC was seized from cryptocurrency address bc1q5d8af0crjhlnepjq08muhh55899rf2ktye3sxd on April 15, 2025. The seized cryptocurrency, now valued at over $2.4 million, allegedly constitutes property involved in unlawful activity, or proceeds of or property derived from unlawful activity, including money laundering and extortion related to damage to a protected computer, commonly referred to as a ransomware attack.
The seized cryptocurrency was traced to a cryptocurrency address allegedly associated with a member of the Chaos ransomware group, known as ‘Hors,’ which has been tied to ransomware attacks against victims located in the Northern District of Texas and elsewhere. The complaint is filed under Case No. 3:25-CV-01920-K. Dallas FBI executed the cryptocurrency seizure.”
The seizure lends credence to the proposed Strategic Bitcoin Reserve concept floated by the Trump Administration.
Earlier this year, Executive Director of the Presidential Council of Advisors on Digital Assets Bo Hines said the US government was looking at various ways to accumulate more BTC.
“We’re looking at many creative ways, whether it be from tariffs. Whether it be from something else. I mean there’s literally countless ways in which you can do this… Everything’s on the table and like we’ve said, we want as much [BTC] as we can get, so we’re going to make sure that no stone is unturned.”
Follow us on X, Facebook and TelegramDon't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
