The U.S. Department of Justice has established the Scam Center Strike Force to tackle international cryptocurrency scams, with a focus on pig butchering schemes orchestrated by Chinese crime syndicates. This initiative brings together the DOJ, FBI, Secret Service, and U.S. Treasury to dismantle networks responsible for defrauding Americans of $135 billion in 2024. Recent efforts have led to the seizure of $80 million in stolen cryptocurrency, adding to previous recoveries totaling $400 million.
US DOJ Forms Strike Force to Combat Chinese-Led Crypto Scams
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