U.S. DOJ Files to Seize $225M in Crypto After Major Trick Service Bust
The properties were spread throughout a number of wallets linked to fake investment platforms, which enticed victims with pledges of genuine crypto opportunities. They emphasized that protecting and recovering stolen possessions payment for victims remains a crucial objective. The attempted seizure stands out as a landmark case for the U.S. Secret Service, marking its largest crypto healing operation. It also reflects improved coordination amongst federal agencies in the battle versus digital monetary crime.
Surging Crypto Scams
The enforcement action comes when crypto fraud is on the rise.
The possessions were spread across numerous wallets linked to phony investment platforms, which lured victims with guarantees of legitimate crypto opportunities. They stressed that securing and recovering stolen properties settlement for victims remains an essential objective. The tried seizure stands out as a landmark case for the U.S. Trick Service, marking its largest crypto recovery operation. It also reflects improved coordination amongst federal firms in the fight against digital financial crime.
Rising Crypto Scams The enforcement action comes when crypto scams is on the rise. According to the FBI’s Internet Crime Grievance Center, Americans lost more than $5.8 billion to crypto investment scams in 2024 alone. The post U.S. DOJ Files to Seize $225M in Crypto After Major Trick Service Bust appeared initially on Cointab.
The tried seizure stands out as a landmark case for the U.S. Trick Service, marking its biggest crypto recovery operation. Rising Crypto Scams The enforcement action comes when crypto fraud is on the increase. According to the FBI’s Internet Crime Complaint Center, Americans lost more than $5.8 billion to crypto financial investment frauds in 2024 alone. The post U.S. DOJ Files to Seize $225M in Crypto After Major Secret Service Bust appeared first on Cointab.
