Wu Blockchain has learned that the U.S. Attorney's Office for the Southern District of New York has filed a civil forfeiture lawsuit seeking to seize approximately $61 million in crypto assets. These funds are alleged to have originated from black market sales of sanctioned crude oil and petroleum products and were intended to support related government agencies and the Islamic Revolutionary Guard Corps (IRGC). Prosecutors accuse Blessed Trust and Hexa Whale of facilitating the transfer of these funds through Binance trading accounts. A network of addresses linked to an entity referred to as 'Entity A' reportedly received and distributed over $1.5 billion in proceeds from oil sales, transferring funds to currency service providers, crypto addresses, and crypto exchanges associated with the IRGC. The case is currently in civil forfeiture proceedings, and the allegations have not yet been confirmed by the court. https://(wublock123.com)/news/us-prosecutors-seek-forfeiture-61m-crypto-from-black-market-oil-trade-68384