US seeks forfeiture of 25 million dollars in crypto from international fraud schemes

The U.S. Department of Justice has initiated the forfeiture of over 25 million dollars in cryptocurrency linked to five investigations into international fraud networks targeting U.S. and Canadian residents. The U.S. Attorney's Office for the District of Columbia announced that agents from the Secret Service Washington Field Office, part of the Cyber Fraud Task Force, uncovered multiple laundering networks and thousands of victims misled into believing they were making legitimate crypto investments. The first investigation, flagged by Canadian authorities in late 2024, involves over 270 suspected victim transactions and seeks approximately 10.4 million dollars. The second investigation, related to online romance scams with over 200 victims, seeks about 12.1 million dollars. The third and fourth investigations, reported in May 2026 and March 2026 respectively, seek around 1.2 million dollars and 2.4 million dollars. The fifth investigation, concerning a fee-based recovery fraud, seeks approximately 285,000 dollars. The launderers were primarily located in Southeast Asia, with IP addresses traced to China, Malaysia, and Cambodia. This seizure is part of the Scam Center Strike Force, which has recovered over 800 million dollars since its launch in November 2025.

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