unknown

The U.S. Department of Justice established a new Scam Center Strike Force to combat Southeast Asian cryptocurrency fraud, particularly pig butchering scams that cost Americans $10 billion in 2024. The Treasury's OFAC sanctioned the Democratic Karen Benevolent Army and related entities operating scam compounds using forced labor. The Strike Force has already seized over $401 million in cryptocurrency and is pursuing additional forfeitures. These operations rely on AI-powered tools and service providers like Huione to scale fraud schemes. Blockchain intelligence platforms enable law enforcement to trace cryptocurrency flows, identify scam operators, and recover stolen funds.

U.S. Launches New Strike Force to Combat $10 Billion Scam Industry

Java linux and .NET technology and sometimes science posts will be here