DOJ Moves to Seize $225M in Crypto from Pig Butchering Scam

The DOJ targets $225M in crypto tied to a massive pig butchering scam, aiming to return stolen funds to fraud victims.
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DOJ Moves to Seize $225M in Crypto from Pig Butchering Scam
DOJ Seizes $225 Million in Crypto Tied to Pig Butchering Scam In a bold move to crack down on crypto-related fraud, the Department of Justice (DOJ) has filed a civil forfeiture complaint to seize approximately $225.3 million in cryptocurrency connected to pig butchering scams. This growing form of financial fraud blends romance scams and fake crypto investments, tricking victims into sending funds to scammers who then disappear. According to the DOJ, this operation affected over 400 victims. The focus keyword DOJ crypto seizure ties into a much larger effort by federal authorities to combat international money laundering schemes conducted via blockchain networks. The seized funds, held in Tether (USDT), represent one of the largest crypto-related recoveries to date.                        Image : Google How the DOJ Crypto Seizure Unfolded The 75-page DOJ filing details how the FBI and U.S. Secret Service worked together to trace the fraudulent activity. Investigators linked seven groups o…