The Federal Bureau of Investigation (FBI) has seized millions of dollars worth of crypto assets from a Southeast Asian organization that allegedly targeted U.S. citizens.
In a new announcement from social media platform
Chad Yarbrough of the FBI's Criminal Investigation Division said:
“These types of schemes are devastating and affect thousands of Americans every day. I've seen people take out second and third mortgages on their homes.
The seizure of millions of dollars is proof that the FBI will stop at nothing to find fraudsters who seek to take advantage of Americans. ”
Crypto trust schemes involve malicious actors reaching out to victims through dating apps, text messages, and professional networking groups. After gaining the trust of their victims, these scammers lure them into depositing funds into fraudulent cryptocurrency websites by promising fake returns.
The U.S. Department of Justice (DOJ) said in a press release that scammers trick their victims into depositing their funds and then legitimately do so by allowing them to withdraw a small amount of profits to encourage further investment before locking them out. He said he was trying to create an atmosphere. .
Instead of investing the funds as promised, the assets end up being transferred to a wallet associated with the scammer.
The FBI announced that it had identified “multiple cryptocurrency wallet addresses” where $6 million worth of the victim's funds were stored.
said U.S. Attorney Matthew M. Graves.
“In these scams, scammers trick U.S. citizens into believing they are transferring funds to a cryptocurrency investment opportunity, when in reality they are unknowingly handing over funds to the scammer. That's all.
The fact that these scammers and their accounts are typically located outside of the United States means that we, or our partners at the FBI, will do everything in our power to recover the proceeds of these scams and hold accountable those who perpetrate them. It does not prevent this. ”
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