U.S. Department of Justice Raids Southeast Asian Cryptocurrency Fraud Bases, Seizes Over $7 Billion Worth

Scam Center Strike Force Indicts Chinese Nationals

On the 23rd, the U.S. Department of Justice announced a series of coordinated actions by the 'Scam Center Strike Force' against cryptocurrency fraud bases operating in Southeast Asia.

The main actions included the indictment of two Chinese nationals, the seizure of over $7 billion (approximately 112 billion yen) in cryptocurrencies, the confiscation of 503 fraudulent websites, and the seizure of Telegram channels, among other measures.