The U.S. government is pursuing the recovery of approximately $23 million in cryptocurrency from Gotbit, a financial services firm, following an investigation by the FBI in Boston. This action is part of a broader crackdown on fraudulent activities in the cryptocurrency sector. The Department of Justice (DOJ) has charged Gotbit's founder with operating a fake trading empire that involved pumping tokens using fake bots and wash trading. In related developments, the FBI has successfully tracked and recovered over $8 million that was swindled from investors in a Kansas bank scam, while also freezing nearly $9 million linked to a major hack of Bybit, one of the largest cryptocurrency thefts to date. The DOJ's efforts have also led to the seizure of $8.2 million connected to a romance baiting crypto fraud scheme, highlighting ongoing challenges in combating illicit activities in the cryptocurrency market.