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The property confiscated included the Bored Ape Yacht Club and Doodles NFT, 85.6 Ether and an extravagant Audemars Piguet watch which ultimately assisted ZachXBT in identifying the suspected scammer.
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The Federal Bureau of Investigation has taken two non-fungible tokens of more than 100,000 and 86.5 Ether from a reported fraudulent phishing fraudster.
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The alleged fraudster of a question, Chase Senecal -- popularly known as Horror online -- was first discovered after a lengthy investigation by an independent blockchain detective ZachXBT published in September.
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It stated that Seneca's property, which also contained the Audemars-Piguet Royal Oak Watch worth $41,000, was "seized to be forfeited by the federal government for Federal infraction law."
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The notification from the FBI did not provide any other details on the incident aside from stating that all the property was taken on the 24th of October 24.
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The NFTs that are specifically identified include Bored Ape Yacht Club #9658 and Doodle #3114.
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They were worth $95,495 and $9,361 at the time of the seizure.
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86.5 ETH was valued at $116,433 at the time of confiscation, but it is valued at $144,000 as of the time of writing.
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It is not clear what the extent of legal proceedings taking place against Senecal is at this point.
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However, according to the FBI’s law enforcement bulletin, federal forfeiture is a law enforcement tool that enables the government to “remove—without compensation for the individual—ownership of property involved in a crime.”