EddieJayonCrypto

 30 Jul 25

tl;dr

The U.S. government filed a civil complaint to claim over $2.4 million in Bitcoin seized by the Dallas FBI from the ransomware group 'Hors' on April 15, 2025. The 20.2891382 BTC was linked to illegal activities such as money laundering and extortion connected to ransomware attacks by the Chaos group...

The United States government has filed a civil complaint to claim over $2.4 million in stolen Bitcoin seized by the Dallas FBI. These funds, totaling 20.2891382 BTC, were recovered from a ransomware group known as ‘Hors’ on April 15, 2025. Authorities assert that the cryptocurrency was involved in illegal activities, including money laundering and extortion linked to ransomware attacks on protected computers.

The seized Bitcoin was traced to an address connected to a member of the Chaos ransomware group, responsible for attacks targeting victims in the Northern District of Texas and other locations. The legal action was initiated under Case No. 3:25-CV-01920-K, with the Dallas FBI executing the seizure. This case highlights the growing efforts of law enforcement to combat cybercrime and reclaim stolen digital assets.

This seizure also supports the idea of a Strategic Bitcoin Reserve proposed by the Trump Administration. Earlier this year, Bo Hines, Executive Director of the Presidential Council of Advisors on Digital Assets, indicated the government’s interest in accumulating Bitcoin through various means, including tariffs and other creative strategies. The administration emphasized a commitment to exploring all options to secure as much Bitcoin as possible, reflecting a broader trend toward integrating cryptocurrencies into state financial strategies.

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