#fraud2 articles

2 articles

CryptoBearishCryptoPotato · 3h ago1

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Feds Seize $61 Million in Tether Linked to ‘Pig Butchering’ Crypto Scams

Federal authorities seized $61 million in Tether cryptocurrency linked to 'pig butchering' scams following a tip to Homeland Security. The confiscation resulted from uncovering a sophisticated multi-wallet money laundering operation used to hide proceeds from these romance-based crypto frauds.

CryptoBearishBitcoinist · 16h ago1

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Minnesota Pushes Crypto ATM Ban In Crackdown On Digital Asset Fraud

Minnesota lawmakers are considering legislation to ban cryptocurrency ATMs statewide due to growing concerns about their use in financial fraud schemes. The proposal is being reviewed by the Minnesota House Commerce Finance and Policy Committee as part of efforts to combat digital asset-related scams.

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