The U.S. Crypto Fraud Strike Force has seized over $580 million in cryptocurrency from criminal networks in Southeast Asia, according to U.S. Attorney Jeanine Pirro. The task force, established in November 2025, targets transnational scams, particularly "pig butchering" schemes in Myanmar, Cambodia, and Laos. Pirro emphasized the intent to pursue legal actions to forfeit these funds and provide restitution to victims. Deddy Lavid, CEO of Cyvers, highlighted that while the seizure is significant, it is a small part of the global crypto fraud landscape, with an estimated $27.5 billion in fraud exposure. The Southeast Asian networks are linked to Chinese organized crime and are increasingly decentralized, involving operators across multiple countries.