DOJ Launches Interagency Strike Force to Combat International Crypto Scams

TLDR DOJ’s new Strike Force targets international crypto scams tied to Chinese crime syndicates. “Pig butchering” scams cost U.S. victims an estimated $135 billion in 2024. DOJ seizes $480 million in stolen cryptocurrency, with $80 million set for return. Treasury Department sanctions Burmese militant group linked to cyber scam centers. Experts see Strike Force as [...]

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