DOJ charges federal inmate over alleged theft of $290,000 in crypto forfeited to US government

The Block·

DOJ charges federal inmate over alleged theft of $290,000 in crypto forfeited to US government

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Rossen Iossifov, a federal inmate, faces new charges for allegedly stealing $290,000 in government-forfeited cryptocurrency. The US Department of Justice is taking action against Iossifov, who is already incarcerated, for allegedly misappropriating the funds. This case highlights the growing concern of cryptocurrency theft within the US government's possession, potentially compromising the integrity of seized assets.

Federal inmate Rossen Iossifov faces new charges for allegedly taking $290,000 in government-forfeited cryptocurrency.