In one of the largest crypto crackdowns to date, the U.S. Department of Justice has seized $225.3 million in digital assets linked to a network of shady investment scams. The operation targeted a growing wave of fraud known as “pig butchering,” where victims are lured into fake crypto investments through personal messaging and social media. … Read more
Recently, the US Department of Justice (DoJ) filed a complaint in a US District Court in Columbia to forfeit over $7.74 million in crypto linked to North Korean laundering activities. In a press release published on 5 June 2025, the DoJ threw light on a broader scheme in which North Korean IT workers obtained illegal … Read more
In a move that could raise eyebrows across Washington and Silicon Valley, the U.S. Department of Justice has officially pulled the plug on its National Cryptocurrency Enforcement Team (NCET). If that sounds like a big deal, it is. The DOJ says it’s shifting focus. Instead of going after crypto broadly, it’s now aiming more narrowly … Read more