U.S. government transfers 97.336 bitcoins and 884.33 ether in connection with Sae-Heng fraud case
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U.S. government transfers 97.336 bitcoins and 884.33 ether in connection with Sae-Heng fraud case
According to Onchain Lens monitoring, 6 hours ago, the U.S. government transferred 97.336 BTC (worth $8.46 million) and 884.33 ETH (worth $1.77 million) from a seized Sae-Heng funds account. These assets were confiscated due to suspected "pig-butchering" scams targeting victims in the United States. The funds originated from Binance and were linked to an account owned by Wanpadet Sae-Heng, which was seized two years ago when Binance directly sent the related transactions to a storage wallet.
Navigating Web3 tides with focused insightsTechFlow reports on March 28 that, according to Onchain Lens monitoring, six hours ago the U.S. government transferred 97.336 BTC (worth $8.46 million) and 884.33 ETH (worth $1.77 million) from a seized Sae-Heng funds account.
The assets were confiscated due to suspected "pig-butchering" scams targeting victims in the United States. The funds originated from Binance, with the account owned by Wanpadet Sae-Heng seized two years ago when Binance directly sent the related transactions to a custody wallet.
