The US government has recovered $3.5 million in Bitcoin to reimburse victims of a cyber fraud scheme.
32.68 BTC, valued at over $3.5 million, was seized in connection with a business email compromise (BEC) scheme.
The BTC was obtained through a BEC scheme targeting a real estate company, with multiple other individuals and businesses falling victim to similar scams.
The surge in Bitcoin's value will allow all ten claimants to be fully reimbursed for their losses.