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DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams

Federal prosecutors filed a civil forfeiture action targeting more than $225 million in cryptocurrency traced to a sprawling web of fraudulent investment platforms. Victims were tricked into believing they were investing in legitimate crypto ventures, only to be scammed by criminal networks often operating overseas.

https://www.cnbc.com/2025/06/18/doj-crypto-scams.html