The Department of Justice announced the largest-ever seizure of cryptocurrency funds linked to so-called pig-butchering scams. The U.S. attorney’s office filed a civil forfeiture complaint in the District Court for the District of Columbia to seize more than $225.3 million in cryptocurrency that federal prosecutors say was part of a sophisticated blockchain-based money laundering network meant to conceal the source of funds obtained through illegal scams.
Read the article: The Hill
