Convicted drug trafficker Christopher Castelluzzo's crypto holdings, including 30,000 ether, could now be heading to the U.S. Treasury.
The U.S. Attorney’s Office filed a civil forfeiture action on Thursday to recover more than $54 million in previously seized cryptocurrency, traceable to the proceeds of an illegal darknet narcotics distribution scheme operating in New Jersey.
“The civil action we are taking today seeks to recover millions of dollars of cryptocurrency, which the defendant allegedly obtained from drug sales,” U.S. Attorney Philip R. Sellinger said. “Whether it’s as simple as bags of cash or as sophisticated as cryptocurrency, we will take the steps necessary to seize financial gains defendants obtain from criminal activity.”
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