The post FBI Seizes $6M in Crypto from Scammers Targeting U.S. Citizens appeared first on Coinpedia Fintech News
The FBI has seized over $6 million in stolen cryptocurrency from scammers based in Southeast Asia, who targeted U.S. citizens with fake investment schemes. Victims were lured through dating apps, text messages, and fraudulent platforms that mimicked legitimate crypto investment sites. After building trust, the scammers directed funds to their wallets. Tether played a crucial role by freezing the scammers’ wallets, aiding in the recovery. According to the FBI, crypto scams have caused billions in losses, devastating many Americans who sought the next big investment opportunity.