The US Department of Justice has seized cryptocurrency worth about $112 million from accounts linked to so-called pig butchering investment scams. Judges in Arizona, California and Idaho authorized seizure warrants for six virtual currency accounts that prosecutors say were used to launder proceeds of the various frauds that cost victims millions of dollars after they were socially engineered into investing their savings in dodgy digicash schemes. "In this case, the FBI Phoenix Division has identified at least 69 victims with an estimated loss of at least $33.

http://klse.i3investor.com/web/blog/detail/future_tech/2023-04-05-story-h-274252652-Feds_seize_112m_in_cryptocurrency_linked_to_pig_butchering_finance_scam

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