🚨JUST IN: US AUTHORITIES SEIZE $580M CRYPTO FROM CHINESE CRIMINALSAccording to a report from Bitcoinist, a combination of The FBI, The US Department of Justice, and others...... has seized a staggering $580 million worth of crypto 'tied to Chinese transnational criminal organizations'.Reports claims these funds were in the hands of such organizations due to complex crypto fraud schemes designed to target American victims. ...

Regulatory Action - The US Justice Department established a "Scam Center Strike Force" to address the increase in crypto fraud [1] Crime and Security - Transnational criminal organizations operating out of Southeast Asia are perpetrating crypto fraud [1]