TechFlow News, April 16: According to Cryptopolitan, Florida and Massachusetts jointly recovered approximately $5.4 million in cryptocurrency assets from an investment scam that originated as a “romance scam.” Of this amount, about $700,000 has been returned to victims in Florida and $1.3 million to victims in Massachusetts; the remaining funds will be used to further combat cryptocurrency scams. Florida prosecutors stated that victims of this case were spread across six counties within the state, with a single victim from Marion County suffering losses exceeding $450,000. Florida’s Cyber Fraud Enforcement Unit reported that it recovered $3.3 million in Q1 2026, bringing its cumulative recovery since its establishment 2.5 years ago to $7.2 million; an additional $12.6 million in cryptocurrency assets remains frozen pending litigation.
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