US seeks forfeiture of assets related to Bitcoin theft case 110300 USDT
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AT A GLANCE
U.S. prosecutors applied to forfeit the 110300 USDT seized from the Binance account; the case involves 33.7 stolen bitcoins.
Article
【900000 USD Bitcoin theft case: US seeks forfeiture 110300 USDT】
US federal prosecutors in Massachusetts September 28 filed a civil forfeiture action, seeking forfeiture of the assets seized from a Binance account. 110300 USDT The case involves phishing text messages impersonating Coinbase, resulting in the theft of Bitcoin from a beneficiary and their family trust within the same Coinbase account, 33.7 bitcoins, worth approximately 900000 USD at the time. Investigators said June 5 to 15, 2023，11.2 stolen bitcoins were traced to the Binance account and then quickly exchanged for Monero.FBI When 758.55 requested that the account be frozen, it held approximately August 3, 2026 Binance transferred 110300 USDT to a government-controlled wallet.
US federal prosecutors in Massachusetts filed a civil forfeiture action on September 28, seeking forfeiture of assets seized from a Binance account 110300 USDT。
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The original text states that phishing text messages impersonating Coinbase led to the theft of 33.7 bitcoins from a beneficiary and their family trust within the same Coinbase account, worth approximately 900000 USD。
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Investigators said that June 5 to 15, 2023，11.2 stolen bitcoins were traced to that Binance account and then quickly exchanged for Monero.
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FBI When a freeze of the account was requested, it held approximately 758.55 Monero coins.
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Binance August 3, 2026 transferred 110300 USDT to a government-controlled wallet.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a civil forfeiture application: prosecutors seek through litigation to obtain the assets seized, 110300 USDT. The original description of the flow of funds states that the Bitcoin was stolen through phishing text messages, of which 11.2 units were traced to a Binance account and exchanged for Monero, after which the account was frozen, and Binance then transferred USDT to a wallet controlled by the government.
Why it matters to readers
The incident involved phishing theft, cross-account asset tracing, an exchange freezing an account, and a government forfeiture application, reflecting the potential law-enforcement process that stolen crypto assets may undergo.
Do not trust text messages claiming to be sent by platforms such as Coinbase, and do not submit account information through links in text messages. A civil forfeiture petition does not mean that the court has already approved the forfeiture; subsequent rulings must still be monitored.
Risks and unknowns
The material consists only of a single news brief and does not provide formal litigation documents, a court case number, or an announcement from a law enforcement agency.
The source does not state whether the court has approved the forfeiture petition.
The original text does not explain 110300 USDT the complete conversion and ownership relationship with the stolen Bitcoin and Monero.
“in the title is the 900000 USD approximate value when bitcoins were stolen, and not the 33.7 amount sought for forfeiture of USDT.”
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Civil forfeiture proceedings
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