Federal prosecutors are hitting crypto scammers with force, seizing over $25 million tied to international romance and investment frauds targeting U.S. and Canadian victims. The Secret Service-led investigations have frozen crypto from 270 scam transactions and tracked funds across hundreds of wallets, including victims in the D.C. area. Scammers used classic bait-and-switch tactics—ghosting victims when they tried to withdraw fake investment funds, or preying on those already burned, promising recovery for a fee. Part of the Scam Center Strike Force launched in November 2025, the effort has already recovered over $800 million, signaling a serious, coordinated push to dismantle these networks and shield the public from digital deception.
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