US Government Seizes Trezor Wallet With $6.3 Million in Bitcoin From Gift Car...

US Government Seizes Trezor Wallet With $6.3 Million in Bitcoin From Gift Car...

On September 22, 2021, a U.S. district judge from San Antonio, Texas, granted a summary judgment on the civil forfeiture of 147 bitcoin worth $6.3 million held on a Trezor hardware wallet. According to the court filing, the crypto assets stemmed from a Target gift card fraud incident that started in 2016. Gift Card Fraud Money Turned Into Bitcoin The Western District of Texas, San Antonio Division Court has been dealing with a case that involved gift card fraud and bitcoins. According to the court filing, an American named Jaymes Allen Clark worked at the retail chain Target as an....


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