The FBI has seized greater than $260,000 of property, together with NFTs and cryptocurrency, based on a forfeiture doc revealed by the company on Feb. 4.
That doc says that the FBI seized a number of property from Chase Senecal, a resident of Brunswick, Maine. The company seized 86.5678 ETH ($116,433) and two NFTs: Bored Ape Yacht Membership #9658 ($95,495) and Doodle #3114 ($9,361).
Along with the roughly $221,000 of crypto property seized, the FBI additionally seized one non-crypto asset: an Audemars Piguet Royal Oak Watch valued at $41,000.
The watch is just not a crypto asset, however its buy led on to the opposite seizures. Self-described crypto sleuth ZachXBT, who was chargeable for initiating the investigation, famous in a weblog publish last September that Senecal — also called Horror (HZ) — possible paid for the watch with cryptocurrency. The posh watch’s buy “was instantly funded with stolen cash from the hacked Twitter accounts,” he wrote in one tweet.
ZachXBT traced a sequence of blockchain transactions and located that the account used to pay for the watch was linked to varied hacks. The FBI seemingly took be aware of his findings fairly rapidly, because it seized the gadgets weeks afterward Oct. 24, 2022.
ZachXBT posted an replace on the case yesterday, Feb. 3. He wrote that he was “very completely happy” to say that the FBI had seized the property because of his unique thread.
Earlier statements from ZachXBT indicated Senecal was concerned in a multi-million greenback scheme that had compromised greater than 600 Discord servers and greater than 12 Twitter accounts. On Feb. 3, he highlighted numerous accounts affected by the hack, together with these belonging to the NFT undertaking JRNY Membership and the animator DeeKay Kwon.
The FBI can be concerned in a number of unrelated crypto instances. In January alone, it made progress in issues in regards to the North Korean hacking group Lazarus Group, the crypto change Bitzlato, and Mango Market’s exploiter Avraham Eisenberg.