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    Crypto Fraud Crackdown: in Largest Crypto Fraud Crackdown…

    Sam Boolman | Crypto Enthusiast and WriterBy

    U.S. Seizes $225 Million in Largest Crypto Fraud Crackdown to Date

    The U.S. federal government has launched its largest-ever seizure of cryptocurrency connected to investment fraud, filing a civil forfeit complaint against more than $225 million in crypto allegedly laundered through a vast blockchain-based scam network. The action, announced by U.S. Attorney Jeanine Pirro and senior officials from the DOJ, FBI, and U.S. Secret Service, targets funds linked to so-called crypto trust scams, also known as ‘pig butchering’ schemes. This case highlights the escalating U.S. efforts to dismantle global crypto fraud networks and recover stolen digital assets for victims.

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    Sam Boolman | Crypto Enthusiast and Writer
    Sam Boolman is a contributing writer at ChainIntel.org with a long-standing interest in cryptocurrency, blockchain technology, and emerging financial trends. A self-directed trader who actively invests his own capital, Sam follows the markets closely and brings a hands-on perspective to the fast-paced world of crypto journalism. With a background in business and digital media, Sam has written across a variety of sectors including tech, startups, and online finance. His curiosity and enthusiasm for the evolving digital economy fuel his exploration of Web3, decentralised finance, and market developments. Sam is passionate about making complex topics more accessible to everyday readers and continues to expand his knowledge through research, trading experience, and industry engagement.
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    Sam Boolman | Crypto Enthusiast and Writer

    Sam Boolman is a contributing writer at ChainIntel.org with a long-standing interest in cryptocurrency, blockchain technology, and emerging financial trends. A self-directed trader who actively invests his own capital, Sam follows the markets closely and brings a hands-on perspective to the fast-paced world of crypto journalism. With a background in business and digital media, Sam has written across a variety of sectors including tech, startups, and online finance. His curiosity and enthusiasm for the evolving digital economy fuel his exploration of Web3, decentralised finance, and market developments. Sam is passionate about making complex topics more accessible to everyday readers and continues to expand his knowledge through research, trading experience, and industry engagement.

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