US seizes 503 fake crypto sites, halts $833M in scam-linked assets
- —503 fake crypto sites seized under a Homeland Security task force
- —About $833 million in scam-linked crypto assets had their movement halted
- —Roughly 9,000 US citizens were notified they were defrauded
- —Schemes included romance scams, phishing and pig butchering run from Myanmar and Cambodia
Why it matters: The operation underscores the scale of crypto fraud and Washington's push to dismantle overseas scam centers.
Source: Koin Bülteni