U.S. DOJ strike force seizes $580M in crypto from Southeast Asian scams

The U.S. Department of Justice's Scam Center Strike Force has frozen and seized $580 million in cryptocurrency from criminal organizations in Southeast Asia, Decrypt reported. The strike force has been intensively tracking pig butchering scam groups based in countries including Myanmar, Cambodia, and Laos. The department plans to return the seized funds to victims as much as possible. Law enforcement authorities also added that these criminal groups are closely linked to transnational organized crime with Chinese roots.