US authorities eye $1.2m crypto from Kiwi pornographer awaiting trial

From newstalkzb.co.nz

American authorities have moved to seize more than $1.2 million in cryptocurrency from a Kiwi pornographer awaiting trial for sex trafficking. Michael James Pratt, the Christchurch-born Kiwi behind a controversial US porn empire, was arrested at a Madrid hotel in 2022 after allegedly going on the run from the FBI. He was extradited from Spain to the United States and is currently in prison, having been denied bail, as he awaits trial. Court documents obtained by the Herald show that Pratt faces a three-week jury trial starting on September 2. He has pleaded not guilty. Childhood friend, fellow Kiwi, and employee of ... (full story)