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DOJ seeks forfeiture of $12,973,529 held at the U.S. Treasury

The March 2026 complaint concerns funds allegedly connected to an Iranian oil distribution network. The August 28 docket records continuing contested claims.

Entities and roles

Claims and evidence

  1. factdocumented

    On March 6, 2026, DOJ filed DDC case 1:26-cv-00802 seeking forfeiture of $12,973,529 in seized funds allegedly intended for Wellbred Capital and Wellbred Trading as part of an Iranian oil distribution network.

  2. factdocumented

    The case identifies $12,973,529 on deposit at the U.S. Treasury. The public docket retrieved August 28, 2026 records ongoing competing claims; an August 21 order sets September 4 and September 11 briefing deadlines on a request to file a verified claim.

Measurements

  1. Cash subject to pending forfeiture in DDC 1:26-cv-00802$12,973,529
    Basis
    Observed
    Population
    One identified Treasury cash deposit in DDC 1:26-cv-00802
    Period
    2026-08-28 to 2026-08-28
    As of
    2026-08-28
    Method
    Use the nominal USD cash principal identified in the complaint and court caption. August 28 docket records continuing contested claims. Count this deposit once, without interest, foreign-exchange conversion, or cryptocurrency valuation.
    Uncertainty
    Pending status is supported through the August 28, 2026 docket retrieval, not independently verified through September 5. Custody is identified, not missing. The amount is cash principal subject to litigation, not a final forfeiture judgment, government revenue, or a universal total of pending cases. The complaint alleges the foreign-network connection.