DOJ Freezes $701 Million in Crypto Fraud Linked to Fake Investment Platforms

TLDR: The DOJ froze $701 million and seized 503 fake crypto investment websites in a coordinated global operation. Pig butchering scams build weeks of trust before introducing platforms engineered to steal victim deposits. Withdrawal friction after your first deposit is the clearest single signal that a platform is fraudulent. Singapore police blocked $2.86 million in [...]

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