US seizes $25M in crypto linked to investment and romance scams

US prosecutors filed five asset forfeiture cases after Secret Service agents traced funds from thousands of scam victims to money launderers in Southeast Asia. More than $25 million in cryptocurrency was seized, linked to investment fraud and romance scams. The case highlights the scale of cross-border crypto money laundering targeting everyday victims.

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🪙 Crypto Romance scammers stole over $25 million in crypto — US DOJ files civil forfeiture suits BitHub.pl · 3d ago 🪙 Crypto US seeks to forfeit $25 million in crypto linked to romance and investment scams CoinDesk · 3d ago 🪙 Crypto US seeks forfeiture of $25 million in crypto linked to five fraud probes The Block · 3d ago

More on this topic

🪙 Crypto Romance scammers stole over $25 million in crypto — US DOJ files civil forfeiture suits BitHub.pl · 3d ago 🪙 Crypto US seeks to forfeit $25 million in crypto linked to romance and investment scams CoinDesk · 3d ago 🪙 Crypto US seeks forfeiture of $25 million in crypto linked to five fraud probes The Block · 3d ago