U.S. Authorities Seize Over ¥4 Billion from International Cryptocurrency Fraud Group

Cracking Down on International Fraud

The U.S. Attorney's Office for the District of Columbia and the Secret Service Washington Field Office announced on the 21st that they had seized over $25 million (equivalent to more than ¥4 billion) in cryptocurrencies related to an international fraud scheme targeting residents of the U.S. and Canada. As a result of multiple investigations, five civil forfeiture complaints were filed in the U.S. District Court on the same day.

This seizure was led by U.S. Attorney Jeannie Ferris Rhee of the District of Columbia, who in November 2025...