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FBI moves to sell Woodberry's 152 bitcoins (N3.6Billion) urges anybody with interest to approach in 30 days or less

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FBI moves to sell Woodberry's 152 bitcoins (N3.6Billion) urges anybody with interest to approach in 30 days or less

The United States authorities intend to sell 152 bitcoins seized from internet fraudster Olalekan Jacob Ponle, or Mr Woodberry, following his guilty plea to $8 million wire fraud.

FBI moves to sell Woodberry's 152 bitcoins (N3.6Billion) urges anybody with interest to approach in 30 days or less

A record documented Friday at the U.S District Court for the Northern District of Illinois in regards to Mr Woodberry's forfeiture order said the U.S. Marshal Service will presently take custody of the seized crypto assets for disposition.

This additionally followed Mr Woodberry's consent to forfeit all returns of the wire fraud, which he committed utilizing the name 'Mark Kain', by recruiting at least four money mules while he resided in Dubai, United Arab Emirates. He was arrested by law enforcement officers in Dubai and later handed over to the Federal Bureau of Investigation in 2020. He was expeditiously moved to Chicago, where he has been standing trial.

The federal authorities approached intrigued people to record a case for the property in the span of 30 days and register with legitimate reports, saying they would "give composed notice to any individual known to have claimed an interest in the property that is the subject of the preliminary of relinquishment."

Assuming no one approaches to guarantee responsibility for held onto resources, American prosecutors said they would continue to promote their deal.

On June 29, federal investigators requested that an appointed authority sentence Mr Woodberry to 14 years' imprisonment for the fraud he committed among January and September 2019.

The prosecutors additionally suggested that Mr Woodberry, known for flaunting his ostentatious way of life via social media, forfeit things in the Dubai police custody, for example, one Rolls Royce, Lamborghini Urus, Mercedes-Benz G-Class AMG G55, four Rolex watches, one Patek Philippe watch, and three Audemars Piguet watches.

Additionally, he is to forfeit three gold and diamond studded rings, five gold bracelets and two gold bracelet keys, six gold neck chains, one gold and diamond-studded necklace, one little gold nugget, two bank cards, about $1,835 in Emirati dirhams, and roughly $15.45 in South African rands.
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