Department of Justice Orders Return of Funds Seized in Bankrupt Bank's Cryptocurrency Plans
The Department of Justice (DOJ) announced Monday that a federal judge in Wichita, Kansas, has ordered millions of dollars seized by the government to be returned to investors affected by the collapse of Heartland Tri-State Bank (HTSB). The DOJ explained:
After a $47.10 million cryptocurrency scheme led to the collapse of a Kansas bank, a federal judge at a compensation hearing ordered millions of dollars seized by the government to be distributed to investors who suffered financial losses.