Security· ★★★· bearish·

US DOJ charges Vietnamese national over $16M crypto fraud

  • —One victim sent $16 million in crypto between June and August 2024, believing he was investing via the Triangle platform
  • —In August alone he transferred about $569,569 to Van in six transactions
  • —Van's wallet received more than $53 million in digital assets between February 9, 2018, and December 17, 2024
  • —Nguyen Van was arrested on September 24 at Los Angeles International Airport before flying to Taiwan
Why it matters: The case highlights the scale of pig-butchering scams and growing US scrutiny of laundering through non-custodial wallets.
Source: CoinSpot
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