- The FBI recently revealed that it has seized $250,000 worth of assets belonging to a cryptocurrency scammer.
- The popular ZachXBT series revealed the fraudster’s identity.
Federal Bureau of Investigation (The FBI.) He seized more than a quarter of a million assets owned by a crypto fraudster known as Chase Senecal. News of the seizure came four months after popular series ZachXBT revealed Sinical’s identity. This happened after the former conducted an extensive investigation into his scams.
ETH, NFT, and luxury watches seized by the FBI
According to the official notice Posted by the FBI on February 4, Chase Senical’s luxury and cryptocurrency assets were again seized in October 2022 from Brunswick, Maine. The seized assets include an Audemars Piguet Royal Oak watch, valued at $41,000, and 86.5 Ethereum. [ETH] Its value is over $116,000 at the time of reservation. The FBI also seized the Doodle Non-Fungible symbol [NFT] It’s worth $9,361 and the boring monkey yacht club [BAYC] The value of the NFT is $95,495.
The total value of assets seized by the FBI has exceeded $250,000, and according to the release from the agency, Chase Senical has until April 4 to request the release of his assets. The details of the procedures that took place against Sincal were not clear until the time of publication of this news.
In a Twitter thread on February 3, expert ZachXBT claimed that his investigation of the Senecal fraud contributed to the FBI’s forfeiture. Chase Senecal, better known as Horror (HZ), allegedly took over several accounts using a Twitter board. Accounts include Zeneca, ezu_xyz, and deekaymotion, among several others.
1/ I am very happy to share the cryptocurrency the FBI, BAYC 9658, AP watch and Doodle 3114 seized from phishing scammer Horror (HZ) aka Chase Senecal as a result of my thread. pic.twitter.com/H1JjOjQNuF
– ZachXBT (@zachxbt) February 3, 2023
A crypto scammer reportedly paid huge sums for unauthorized access to the Twitter accounts of famous crypto projects. He followed this up by directing payments to said project. Senecal’s identity was exposed after ZachXBT caught him bending a luxury watch that was seized by the FBI in October.