US DOJ Seizes US $9.25M from Citadel Commerce

Citadel Commerce provides payment processing solutions and other related services to online merchants. Earlier this week, they announced that US $9.25M of their reserve funds had been seized by the United States Department of Justice. Citadel states in the press release that they are “continuing to work with the DoJ through its legal counsel to resolve the situation.”

There was no word on the US DOJ site with any additional information about the seizure.