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#cryptocurrency seizure

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US Moves to Seize $456K in Crypto Allegedly Tied to Dating Site and Facebook Scams
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US Moves to Seize $456K in Crypto Allegedly Tied to Dating Site and Facebook Scams

Key Highlights: Federal authorities and the FBI report that cryptocurrency scams often begin as romance or confidence schemes that lure victims into fraudulent platforms using fake gains before demanding bogus fees and taxes. Recent legal maneuvers include major forfeiture filings, such as a July push targeting more than $25 million in illicit crypto assets and ...

DOJ Strike Force Seizes Scam Marketplace, Restrains $52M in Crypto
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DOJ Strike Force Seizes Scam Marketplace, Restrains $52M in Crypto

Justice Department Seizes Xinbi Guarantee Scam Marketplace, Restrains $52 Million in Cryptocurrency The Justice Department’s Scam Center Strike Force, in coordination with the Treasury Department, seized the Chinese-language scam marketplace Xinbi Guarantee and restrained approximately $52 million in cryptocurrency in a single day, U.S. Attorney Jeanine Pirro announced this week. The operation brings the total ...