A document filed on Friday July 7, 2023, at the U.S District Court for the Northern District of Illinois regarding Mr Woodberry’s forfeiture order reveals that the U.S. Marshal Service will now take over seized crypto assets for disposition.
This follows Woodberry’s agreement to forfeit all proceeds of the wire fraud, which he committed using the name ‘Mark Kain’, by recruiting at least four money m¥les 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 promptly transferred to Chicago, where he has been on trial.
The federal authorities called on interested persons to file a claim for the property within 30 days and register with valid documents, saying they would “provide written notice to any person known to have alleged an interest in the property that is the subject of the preliminary order of forfeiture.”
American prosecutors say if nobody comes forward to claim ownership of the seized assets, they would proceed to advertise their sale.
“The United States shall publish notice of this order and of its intent to dispose of the property,” the federal authorities said in the motion filed by Morris Pasqual, an acting U.S. attorney overseeing the case.
