Security· ★★★★· bearish·

US Restrains Over $1 Billion in Crypto Tied to Global Scam Networks

  • —Over $1 billion in crypto tied to fraud restrained by US authorities
  • —Six charged in alleged Madagascar dating scam case
  • —About 800 US victims identified across roughly 74 wallets
  • —700 fraudulent investment websites and Telegram channels seized
Why it matters: The crackdown widens the reach of US crypto freezes and signals growing enforcement risk for scam networks expanding into Africa and Europe.
Source: Bitcoin.com
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