US DOJ seizes illegal marketplace and freezes $52 million in crypto
- —The US DOJ froze $52 million in cryptocurrency linked to an illegal marketplace
- —With US support, 13 scam centers run by Chinese nationals were closed in Madagascar
- —The campaign expands the fight against scam centers beyond Southeast Asia
Why it matters: The strengthening of international raids against scam infrastructure reduces the volume of fraudulent schemes and increases regulatory pressure on the crypto space.
Source: The Daily Hodl