🚨 Largest Crypto Seizure in U.S. History Tied to Massive Fraud 💰🔒
The U.S. Department of Justice has confiscated over $225.3 million in cryptocurrency linked to fraudulent investment schemes, commonly known as “crypto-confidence scams.” This is now the largest digital asset seizure ever conducted by the U.S. Secret Service and FBI.
💡 How the Scam Worked:
Scammers posed as legitimate investment platforms, luring victims into fake crypto opportunities. The scale was staggering—hundreds of U.S. citizens and more than 400 individuals globally were impacted.
📉 The Bigger Picture:
In 2024 alone, losses from these types of scams topped $5.8 billion, highlighting the growing danger of crypto fraud and the need for tighter oversight.
#CryptoScam #DOJ #FBI #USSecretService #CryptoSeizure #CryptoSecurity #Web3Crimes #InvestorAlert
