The FBI has seized over $6 million worth of cryptocurrency from scammers in Southeast Asia who targeted US citizens. The scams involved misleading victims into believing they were investing in legitimate opportunities. Victims were instructed to transfer funds from their bank accounts to cryptocurrency accounts, which were then moved to fraudulent platforms abroad. The funds were traced on the blockchain, leading to the seizure of the assets. The FBI highlighted the devastating impact of these schemes on Americans, who have lost millions of dollars. Such schemes have targeted tens of thousands of victims in the US, resulting in over $2 billion stolen. Law enforcement agencies are exploring new methods for seizing digital assets.



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