Scam Center Strike Force Freezes Over $580 Million Stolen in Crypto Investment Frauds

Scam Center Strike Force Freezes Over $580 Million Stolen in Crypto Investment Frauds

Scam Center Strike Force freezes $580M stolen by Chinese crypto investment frauds targeting Americans.

$580M in Crypto Seized as U.S. Targets Global Scam Networks

Key Takeaways $580M in crypto seized from Southeast Asia-based fraud networks in February 2026. U.S. crypto scam losses estimated at $10B per year; $1.5B taken in the first three quarters of 2025 alone. “Pig butchering” scams drive nearly half of crypto fraud cases and the majority of losses. Around 27,000 criminal groups operate globally, with ties to forced labor in regional scam compounds. The crackdown is led by the U.S. Department of Justi…

U.S. Scam Center Seizes $580 Million in Southeast Asia Crypto Fraud

TLDR: U.S. authorities seized over $580M in crypto linked to Southeast Asia fraud networks. “Pig butchering” scams used social engineering to target Americans via U.S. platforms. Scam compounds often involve human trafficking and generate massive regional revenue. Multi-agency Strike Force aims to recover stolen crypto and pursue criminal leaders. The U.S. Attorney’s Office in Washington, D.C. has frozen and seized more than $580 million in cry…

US DOJ Seized $580M in Crypto from ‘Chinese Transnational Criminals‘

The post US DOJ Seized $580M in Crypto from ‘Chinese Transnational Criminals‘ appeared on BitcoinEthereumNews.com. The seizures and freezing over three months were conducted by the District of Columbia’s Scam Center Strike Force, established by US Attorney Jeanine Pirro in November. Officials with the US Department of Justice reported “freezing, seizing, and forfeiting” more than $578 million worth of digital assets tied to criminal groups as pa…

U.S. Seized $580 Million From Crypto Scam Networks In Three Months More Stories ETHNews

U.S. Attorney for the District of Columbia Jeanine Ferris Pirro announced this week that the newly formed strike force, operational since November 2025, has frozen and seized over $580 million in cryptocurrency assets tied to transnational fraud networks. The targets are the same organized crime operations that have quietly extracted billions from American victims for years: pig butchering syndicates operating out of compound facilities in Myanm…

US seizes over $578 million in crypto assets tied to chinese scam operations - CoinCodeCap

In a significant development, the US Department of Justice announced on Thursday that it has frozen, seized, and forfeited more than $578 million worth of