Coinbase Freezes $3M in Crypto Tied to Southeast Asia Scams

TLDR: Coinbase froze over $3M in cryptocurrency assets tied to Southeast Asia criminal scam networks. The DOJ’s Scam Center Strike Force led the operation alongside Meta, Microsoft, and Starlink. Over 1.4 million accounts were disabled and 63 arrests made across the coordinated operation. Blockchain’s transparent transaction record gave investigators an edge over traditional finance systems. [...]

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