US court blocks fraud victims from contesting forfeiture of 127,271 seized Bitcoin
- —The Eastern District of New York judge struck claims by nine petitioners over 127,271 BTC
- —All nine claimants lacked Article III standing to contest the forfeiture action
- —Claims by Ath Leepinyo and Connie Wilson were untimely; seven others were denied late filing
- —Victims may seek recovery only through DOJ remission if the government wins the forfeiture case
Why it matters: The ruling makes victim recovery harder and shows how difficult it is to prove a link to specific seized wallets in forfeiture cases.
Source: CryptoSlate
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