FBI seizes $8B in crypto linked to international fraud ring

The U.S. Federal Bureau of Investigation (FBI) has seized $8 billion in cryptocurrency during a crackdown on an international online investment fraud organization, Fox News reported. The operation, conducted in cooperation with international partners, targeted a criminal group active in Myanmar, Cambodia, Thailand, and the United Arab Emirates (UAE). Authorities arrested approximately 300 suspects and rescued about 2,000 victims of forced labor and kidnapping. The seizure is considered one of the largest in U.S. government history.