ChainCatcher report, according to Decrypt, the U.S. Department of Justice’s Office of the U.S. Attorney for the District of Columbia, in coordination with the Secret Service, has filed five civil forfeiture actions related to investment fraud and "pig butchering" scams, seizing over $25 million in crypto assets, with victims across the United States and Canada. The largest case involves approximately $12.1 million and over 200 victims; in Canada, approximately $10.4 million in illicit funds is linked to over 270 suspicious transactions; the remaining three cases involve amounts ranging from $285,000 to $2.4 million, one of which involved scammers impersonating "fund recovery intermediaries" to carry out a secondary scam. Investigations reveal that money launderers are primarily based in Southeast Asia, with涉案 IP addresses originating from China, Malaysia, and Cambodia. This operation is part of the "Scam Center Task Force," established in November 2025, which has now recovered over $800 million in total; all five cases remain under active investigation.
U.S. Seizes Over $25 Million in Fraud-Linked Crypto Assets; Scam Task Force Recovers Over $800 Million
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Summary
The U.S. Department of Justice’s U.S. Attorney’s Office for the District of Columbia, in coordination with the Secret Service, filed five civil forfeiture lawsuits targeting investment fraud and “pig butchering” scams, seizing over $25 million in crypto assets. The operation, part of the Scam Center Task Force, has recovered more than $800 million since its launch in November 2025. Canadian authorities identified $10.4 million across 270 suspicious transactions, with one case involving scammers impersonating funds recovery agents. Money launderers primarily operated in Southeast Asia, with IP connections to China, Malaysia, and Cambodia. The crackdown aligns with global initiatives such as MiCA and CFT to strengthen crypto oversight.
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