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Justice Dept. Seizes Over $112M In Funds Linked To Cryptocurrency Investment Schemes, With Over Half Seized In Los Angeles Case

Published: April 25, 2023

The Department of Justice announced today that it has seized virtual currency worth an estimated $112 million linked to cryptocurrency investment scams commonly called “pig butchering.”

Source: lawfuel.com

Justice Department Seizes $112M In 'Pig-Butchering' Cryptocurrency Scams

Published: April 5, 2023

Scammers often develop an intimate relationship with their victims through a WhatsApp message and convince them to invest in fraudulent cryptocurrency trading platforms.

Source: ibtimes.com

Feds seize $66.4M in cryptocurrency linked to LA investment scams

Published: April 4, 2023

Feds in LA seized $66.5 million in cryptocurrency which were all linked to an investment scam commonly called "pit butchering."

Source: foxla.com