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⛓️ Crypto⚪ NeutralImportance 7/10
US DOJ seized and froze $580M in crypto from ‘Chinese transnational criminals‘
🤖AI Summary
The US Department of Justice seized and froze $580 million in cryptocurrency from Chinese transnational criminals over a three-month period. The operation was conducted by the District of Columbia's Scam Center Strike Force, which was established in November by US Attorney Jeanine Pirro.
Key Takeaways
- →US DOJ seized and froze $580 million in cryptocurrency from Chinese criminal organizations.
- →The operation was conducted over a three-month timeframe by specialized law enforcement.
- →A dedicated Scam Center Strike Force was established in November to target such crimes.
- →The seizure represents a significant enforcement action against transnational crypto crime.
- →US authorities are intensifying efforts to combat international cryptocurrency-related criminal activities.
Read Original →via CoinTelegraph
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