CoinWorld reported on June 10 that five men pleaded guilty to participating in an international digital asset investment scam, according to a notice from the U.S. Department of Justice. The criminal group operated through a Cambodian scam center, luring American victims to transfer funds into accounts they controlled, involving more than $36.9 million. The main defendants include Joseph Wong, Jose Somarriba, Yicheng Zhang, Shengsheng He, and Jingliang Su from the Los Angeles area. The crime method involved contacting victims through social media, phone calls, and dating apps, deceiving them into investing in fake digital asset projects. The funds were ultimately converted into USDT stablecoins through a Deltec Bank account in the Bahamas and transferred into digital wallets controlled by the Cambodian scam center. So far, eight accomplices have pleaded guilty, and the main defendants face up to 20 years in prison. The U.S. Secret Service is leading the investigation, with multiple agencies participating. The case is being prosecuted by the U.S. Attorney's Office for the Central District of California.