FBI Makes Largest Crypto Seizure Ever In Global ‘Scam Compound’ Crackdown
5 Articles
5 Articles
FBI Makes Largest Crypto Seizure Ever In Global ‘Scam Compound’ Crackdown
The FBI recently took out a massive internet scam network, arresting over 300 people, freeing over 2,000 people from human trafficking, and seizing over $8 billion in cryptocurrency. The FBI said last week that it primarily focused on taking down what it calls “scam compounds” in Asia, Africa, and the Middle East. The scam compounds are typically guarded and filled with trafficked workers who are forced to conduct romance scams and fake investm…
DOJ and FBI Execute Largest Asset Seizure in History, Recovering 127,000 Bitcoin from Forced-Labor Scam Compounds
The global enforcement infrastructure confronting cyber-enabled financial crime has achieved an unprecedented scale of execution following a massive international crackdown by United States federal agencies. The U.S. Department of Justice (DOJ), alongside the Federal Bureau of Investigation (FBI) and international law enforcement partners, officially announced the seizure of 127,271 Bitcoin. This historic haul represents the single largest finan…
The biggest cryptic seizure in history The FBI has confiscated $8 billion in Bitcoin (about 127,000 BTC) in the framework of Operation Blackout, an international offensive that dismantled a network of crypto scams linked to fraud, money laundering and human trafficking. The magnitude of the seizure, the largest ever carried out by the US government, is an unprecedented blow to digital organized crime. U.S. authorities rated the action as “the la…
Bitcoin.com
Cryptocurrency News | Cryptocurrency Prices | Market CapDOJ’s Record 127,271 BTC Seizure Resurfaces Amid Scam Crackdown
The DOJ’s record bitcoin forfeiture case has renewed scrutiny of global scam compounds tied to crypto fraud, trafficking, and organized crime. Authorities sought forfeiture of 127,271 BTC, worth about $15 billion. Record Bitcoin Case Puts Global Scam Compounds Back in Focus The U.S. Department of Justice (DOJ)’s record bitcoin forfeiture case has returned to focus […]
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