US prosecutors move to seize $25m in crypto from fraud networks
Federal prosecutors in Washington have filed civil forfeiture complaints against more than $25 million in cryptocurrency linked to five fraud networks operating across the US and Canada.
Investigators traced the funds through laundering operations tied to IP addresses in China, Malaysia and Cambodia, according to the US Attorney's Office for the District of Columbia.
The filings push total recoveries under the Scam Center Strike Force past $800 million, US Attorney Jeanine Ferris Pirro said in a statement, CoinMarketCap reports.