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Justice seizes $700M from Chinese-linked crypto scam operation in Burma.
The U.S. Department of Justice announced the recovery of $700 million from a Chinese-linked cryptocurrency scam operation in Burma.
The seizure, conducted by the newly formed Scam Center Strike Force, targets a transnational fraud ring that used forced labor to impersonate U.S. officials and defraud Americans.
Officials plan to return the seized assets to victims, though the process of tracing digital funds remains complex.
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La justicia incauta $700M de una operación de estafa criptográfica vinculada a China en Birmania.