A Turkish court seized a crypto wallet containing more than $100 million after California resident Nivie Kaul lost over $8 million in a 2022 crypto scam and traced some funds to Turkey. Before Turkish authorities could begin distributing the assets, U.S. law enforcement took control of the wallet and other crypto assets worth a combined $225 million during an operation called Big Tuna targeting a suspected scam compound in the Philippines. The intervention has created uncertainty over the final ownership of the seized funds and whether victims will be compensated.