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DOJ Moves to Recover Millions in Crypto for Victims of $97M Oil and Gas Scam

DOJ Moves to Recover Millions in Crypto for Victims of $97M Oil and Gas Scam

Published:
2025-07-23 19:07:01
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Justice strikes back—crypto claws its way out of fraudsters' hands.

Subheader: The Long Arm of the Law Meets Blockchain

Federal prosecutors are seizing digital assets tied to an alleged $97 million oil and gas Ponzi scheme. Victims might finally see restitution—in Bitcoin, Ethereum, or whatever altcoins these geniuses thought they could hide behind.

Subheader: From Rigged Rigs to Rug Pulls

Scammers promised black gold but delivered black-box crypto wallets. Now the DOJ's playing bounty hunter—tracing blockchain breadcrumbs to recover stolen funds. Because nothing says 'justice served' like watching a fraudster's cold wallet get a government hot-wallet makeover.

Closing jab: Another day, another 'stable' investment opportunity turning out to be as solid as a vaporware whitepaper.

DOJ Seeks to Return Millions in Crypto to Alleged Victims of $97M Oil and Gas Scheme

|Square

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