US Government Seizes Over $580 Million In Crypto Linked To Southeast Asian Scams

US Government Seizes Over $580 Million In Crypto Linked To Southeast Asian Scams Authored by Micah Zimmerman via Bitcoin Magazine, U.S. Attorney Jeanine Ferris Pirro said federal authorities have frozen and seized more than $580 million in cryptocurrency tied to Southeast Asian scam networks, marking a major escalation in the government’s campaign against cross-border crypto fraud. The funds were restrained through the Justice Department’s Scam Center Strike Force, a task for...

By Tyler Durden