United States v. Approx. 1.10387626 Bitcoin

UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF CALIFORNIA 10 UNITED STATES OF AMERICA, No. 2:22-cv-2153-TLN-KJN Plaintiff, FINDINGS & RECOMMENDATIONS v. (ECF No. 14.) APPROXIMATELY 1.10387626

BITCOIN,

15 Defendant. 16 The United States of America brings this in rem action seeking civil forfeiture, under 21 U.S.C. § 981(a)(6), of defendant “Approximately 1.10387626 Bitcoin” (“defendant cryptocurrency”) as property derived from proceeds traceable to an offense constituting a “specified unlawful activity” as defined in 18 U.S.C. § 1956(c)(7). The action concerns a fraud scheme that took place on or around May 19, 2022, targeting a single known victim “(“Victim 1”) living in Rocklin, California. The defendant cryptocurrency was seized by the U.S. Secret Service on or about September 6, 2022. Pending before the court is the Government’s motion for entry of default judgment (ECF No. 14), which was submitted without a hearing pursuant to Local Rule 540(d). No opposition has been received. Upon review…