US Secret Service Has Seized Cryptocurrency Worth Over $102 Million in 254 Fraud Cases
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The U.S. Secret Service has seized cryptocurrency worth more than $102 million in 254 fraud-related investigations. “What criminals want to do is sort of muddy the waters and make efforts to…
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Key Highlights U.S. authorities seized more than 503 .com domains tied to crypto investment scams. The websites were disguised as investment platforms showing fake returns to victims. Operation Level Up has notified 8,935 victims and helped prevent an estimated $562.7 million in further losses. The United States (U.S.) Department of…
Key Highlights The Scam Center Strike Force has frozen and seized over $580 million in cryptocurrency from Chinese criminal groups operating scams in Southeast Asia. The scams, called “pig butchering,” trick Americans into investing in fake crypto websites. The Strike Force is a multi-agency effort including the DOJ, FBI, Secret…
Key Highlights Europol and the U.S. Department of Justice froze $3.5M in crypto linked to the SocksEscort network. Malware-infected routers and IoT devices were used to provide anonymous proxy access for cybercrime. Authorities seized domains, servers, and wallets in a coordinated international crackdown. Law enforcement agencies in the United States…