U.S. federal investigators say they have seized more than $25 million in cryptocurrency tied to an international fraud network, underscoring how digital assets remain central to cross-border scams even as enforcement agencies expand their tracing capabilities.
The U.S. Attorney’s Office for the District of Columbia and the U.S. Secret Service’s Washington Field Office said on July 21 (UTC) that the haul was recovered through a cyber fraud task force investigation. Prosecutors have filed five civil forfeiture complaints to permanently confiscate the assets, which authorities allege are… Read more
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