US seizes $54M worth of Ethereum linked to illegal narcotics business
The U.S. Department of Justice announced the seizure of 30,000 Ether (ETH), valued at $54 million, that had been linked to illegal narcotics distribution in New Jersey, according to a Nov. 2 statement. The assets in question were traced back to Christopher Castelluzo, who conducted narcotic operations from 2010 to 2015. While his illicit activities...