The U.S. Department of Justice has seized nearly $9 million in cryptocurrency, specifically Tether (USDT), linked to romance scams and human trafficking investigations. This seizure is related to a 'pig butchering scam.' Meanwhile, Chinese police have arrested a tech founder on suspicion of running a casino, and the U.S. cybercops have taken action against a 'pig butchering' organization, returning the scammed crypto. Additionally, 335 Chinese Triads have been arrested in a Hong Kong gambling crackdown, and a head of the finance and leasing arm of China Cosco Shipping has been detained for an internal corruption probe. China has also rounded up 31,000 suspects in a crackdown on cybercrime syndicates, and Reuters has investigated the billion-dollar 'pig-butchering' crypto scam, which has become a global criminal specialty entrapping victims worldwide.
The US government seized almost $9 million worth of Tether tokens traced to an organized network of scammers who stole millions from victims across the country https://t.co/lTTq174kG7
Crypto fraud has emerged as a multibillion-dollar criminal specialty that has entrapped victims around the world. @specialreports investigates a scam known as pig butchering that has drawn increased scrutiny from law enforcement https://t.co/8PyKZmYV64 https://t.co/RgAhMfl32g
The U.S. Department of Justice (DOJ) has seized $9 million in #tether ($USDT) allegedly linked to “#pigbutchering” #crypto scams. https://t.co/79RPLQ3nWk
Reuters @specialreports investigates a crypto investment scam known as pig butchering, which has become a global billion-dollar industry https://t.co/IZiQQmekKq https://t.co/xR3Zph1OKz
Crypto scam: Inside the billion-dollar 'pig-butchering' industry https://t.co/T6QbNGCPtU https://t.co/xwaBFrXuKQ
US Seizes $9m From Pig Butchering Scammers https://t.co/fTHtKNUwBh
China has rounded up 31,000 suspects in a sweeping crackdown on cybercrime syndicates that operate from shadowy compounds and run scams they call ‘pig-butchering’ https://t.co/vM0MegZYv8 https://t.co/vM0MegZYv8
US Seizes $9 Million in #Tether Allegedly Linked to #PigButchering #Crypto Scams https://t.co/79RPLQ3nWk
China rounded up 31,000 suspects in a sweeping crackdown on cybercrime syndicates that operate from shadowy compounds and run scams people around the world https://t.co/vgiJHjiT9Z https://t.co/vgiJHjiT9Z
The Chinese mafia's downfall in a lawless casino town - BBC News @pakhead https://t.co/hpxeL0PSCE
Liu Chong, head of the finance and leasing arm of state-owned shipping giant China Cosco Shipping, has been detained by authorities for investigation in connection with an internal corruption probe, sources told Caixin https://t.co/srKD9rOxru
🚓 335 Chinese Triads Arrested in Hong Kong Gambling Crackdown 🇭🇰 Hong Kong police have conducted a series of raids connected with a gambling crackdown in the Chinese special administrative region. https://t.co/zesUOjPUEs https://t.co/yw7FCmOgxK
US cybercops take on 'pig butchering' org, return $9M in scammed crypto https://t.co/ZbCW04Er6f
Chinese police arrest tech founder on suspicion of running casino https://t.co/YNbAwBeKSZ
.@TheJusticeDept seized $9 million worth of @Tether_to's $USDT in relation to a "pig butchering scam." https://t.co/P5fChI5erl
Feds Seize Nearly $9 Million In Cryptocurrency Linked To Romance Scams Amid Human Trafficking Investigation https://t.co/irryEsYTSE https://t.co/TZ7lHQrLwk