US Seizes $500,000 In Crypto From Asian ‘Pig Butchering’ Scam

The US Secret Service revealed a seizure of around $500,000 in digital currency connected to a Southeast Asian investment scam, as part of the United States’ intensified efforts against crypto investment fraud. The assets were confiscated from an account registered to Chinese businessman Wang Yicheng, who was recently investigated by Reuters for his involvement in […] source: https://bitcoinist.com/us-seizes-500k-in-crypto-from-asian-scam/