DOJ's $25 Million Crypto Forfeiture: Five Civil Complaints, Frozen Tether, No Defendants

On July 21, 2026, the Justice Department filed five civil forfeiture complaints against more than $25 million in cryptocurrency without naming a single defendant. Former DOJ prosecutors examine the Tether wallet freezes, the tracing gaps in the government's own pleadings, and the defenses open to exchanges, traders, and innocent holders.