DC Scam Center Strike Force Seizures and Freezes Climb to $580M

DC Scam Center Strike Force Seizures and Freezes Climb to $580M
Table of Contents

TheĀ Scam Center Strike Force, the anti-fraud unit of the United States Department of Justice,Ā surpassed $580 million inĀ frozen and seized crypto assetsĀ since its creation in November 2025, according to an announcement made Thursday by Jeanine Pirro, federal attorney for the District of Columbia.

The task force targets transnational criminal networks operating from Myanmar, Cambodia and Laos, known forĀ running “pig butchering” scams — schemes in which criminals manipulate victims into investing in cryptocurrencies through fake platforms before absconding with the funds.

crypto scams

Pirro noted that the seizures represent one part of theĀ Strike Force‘s work, and that her office will seek, through the appropriate legal processes, toĀ return those funds to scam victims to the greatest extent possible. The initiative coordinates actions among the DOJ, the FBI, the Secret Service and the U.S. Treasury, among other agencies.

Deddy Lavid, CEO of blockchain analytics platform Cyvers, warned thatĀ the $580 million represents only a fraction of the total volume stolen in scams globally. His firm identified approximatelyĀ 27,000 active criminal groupsĀ worldwide, with an estimated exposure of $27.5 billion.

Source: https://www.justice.gov/usao-dc/pr/dc-scam-center-strike-force-seizures-cryptocurrency-chinese-transnational-criminals-tops?bm-verify=AAQAAAAM_____xmWt_ILu80-ViJ6uQjf5wm03dhaUtJSeTkoafyuZA8CcB3LTxJzYtHuSOlsbYZq_NV0RN5WlbdBwr8qHQYLAWRREYJpmX3LfUIBT33dDDqclkK8sfE5Idy67HyMrXwsjUHW1Y6arMh7hZaAeVJxeK72WJWuq7evHun0HliYbZBsPMmrZixqxNjnu3fEQE2L8tF_qRJF4WzlmksXPfOA_2aKmgJ_B55Ke4u0DjzihG2b2pCWwpNFyRnnZWxY5WIh6Z6dDvUfcGqv6lvBpbn2ixbvWWCVLYst4r6h2_7s80KsbjTI-KQ0t38C3RktGICDblJg1E7Fr5p52PpVtR7GlxfoSbazH5ZyNqIPxsiZhdOiLooGNugwv6EavuZJdVX2dfQ_X9yWUg57O3Kh


Disclaimer:Ā Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.

This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions

RELATED POSTS

Ads

Follow us on Social Networks

Crypto Tutorials

Crypto Reviews