US Seizes Over $25 Million in Fraud-Related Crypto Assets, "Scam Center Strike Force" Cumulatively Recovers Over $800 Million
7x24h News
US Seizes Over $25 Million in Fraud-Related Crypto Assets, "Scam Center Strike Force" Cumulatively Recovers Over $800 Million
According to Decrypt, the U.S. Attorney's Office for the District of Columbia of the Department of Justice, jointly with the Secret Service, filed five civil forfeiture complaints with the court regarding investment fraud and "pig butchering" scams, seizing a total of over $25 million in crypto assets, with victims spanning the United States and Canada. The largest case involved approximately $12.1 million and over 200 victims; the amount marked by the Canadian side was approximately $10.4 million, involving more than 270 suspicious transactions; the remaining three cases ranged between $285,000 and $2.4 million, one of which involved scammers posing as "fund recovery intermediaries" to carry out secondary fraud. Investigations show that money launderers were mainly located in Southeast Asia, with involved IP addresses originating from China, Malaysia, and Cambodia. This operation falls under the "Scam Center Strike Force" established in November 2025, which has cumulatively recovered over $800 million, and the five cases are currently under ongoing investigation.
Navigating Web3 tides with focused insightsTechFlow News, July 22, according to Decrypt, the U.S. Attorney's Office for the District of Columbia, Department of Justice, jointly with the Secret Service filed five civil forfeiture complaints in court regarding investment fraud and "pig butchering" scams, seizing a total of over $25 million in crypto assets, with victims spanning the U.S. and Canada.
The largest case involves approximately $12.1 million with over 200 victims; cases flagged by the Canadian side involve approximately $10.4 million, involving over 270 suspicious transactions; the remaining three cases involve amounts between $285,000 and $2.4 million, one of which involves scammers posing as "fund recovery intermediaries" to carry out secondary scams.
Investigations show that money launderers are mainly located in Southeast Asia, with involved IP addresses originating from China, Malaysia, and Cambodia. This operation belongs to the "Scam Center Strike Force" established in November 2025; the force has cumulatively recovered amounts exceeding $800 million, and the five cases are currently still under ongoing investigation.
