US Seizes $8.2M Crypto in Romance Scam Crackdown

Introduction In a significant move to combat online financial fraud, the U.S. Department of Justice (DOJ) recently seized $8.2 million in cryptocurrency traced to a series of romance baiting scams. These scams are a part of a growing trend known as “pig butchering”, where fraudsters trick victims into fake romantic relationships to exploit them financially. […]