FATF Traces Over $100 Million in Scam Victim Funds to Single Compound’s Crypto Wallets
Key Highlights: Blockchain investigators have traced more than $100 million in illicit funds directly into a single cryptocurrency wallet cluster connected to a scam compound. A Financial Action Task Force (FATF) report reveals that global losses from industrial-scale fraud compounds reach tens of billions of dollars annually, affecting victims in over 100 jurisdictions. Fraud networks ...
