Tag: AssetSeizure
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DOJ Launches Strike Force, Seizes $401M to Dismantle ‘Pig Butchering’ Scams in Asia
The U.S. Department of Justice has announced the creation of the Scam Center Strike Force — a new unit tasked with dismantling criminal networks operating across Southeast Asia. These groups lure Americans into fraudulent cryptocurrency schemes promising quick profits, a practice known as “pig butchering.” Criminals cultivate trust over weeks or months before ensnaring victims…