DOJ Scam Center Strike Force restrains $701M in crypto, charges two Chinese nationals over Burma scam compound
justice.gov •
Revision history
2 recorded changes
Want your article here?
Promote with Leviathan NewsThe DOJ's new Scam Center Strike Force restrained over $701M in crypto and seized 503 scam sites in its first major action against Southeast Asian fraud rings. Two Chinese nationals — Huang Xingshan and Jiang Wen Jie — were charged with wire fraud conspiracy for running the Shunda compound in Burma, where trafficked workers were forced to run pig butchering scams targeting Americans. Both were arrested in Thailand on immigration charges earlier this year. The action also included a first-of-its-kind seizure of a 6,000-follower Telegram channel used to recruit victims with fake high-paying job ads.
TLDR by @Benthic
More on DOJ
DOJ drops Powell criminal probe, clearing Senate hold on Trump's Fed chair pick Kevin Warsh
Coindesk ·
Trump threatens to fire Powell ahead of May term end as Fed chair vows to stay through DOJ probe
CNN ·
DOJ launches victim compensation for $4B OneCoin crypto pyramid scheme via asset forfeiture
justice.gov ·
DOJ and CFTC move to block Arizona’s prosecution of Kalshi, arguing its sports and election event contracts qualify as regulated financial swaps under federal law
The Block ·
Binance senior compliance staff flee financial crime roles as CCO Perlman eyes exit amid DOJ Iran probe
Bloomberg ·
Warsh Fed Chair hearing set for mid-April as DOJ's Powell probe and Tillis holdout cloud confirmation
CNBC ·
DOJ drops Powell criminal probe, clearing Senate hold on Trump's Fed chair pick Kevin Warsh
Coindesk ·
Trump threatens to fire Powell ahead of May term end as Fed chair vows to stay through DOJ probe
CNN ·
DOJ launches victim compensation for $4B OneCoin crypto pyramid scheme via asset forfeiture
justice.gov ·
DOJ and CFTC move to block Arizona’s prosecution of Kalshi, arguing its sports and election event contracts qualify as regulated financial swaps under federal law
The Block ·
Binance senior compliance staff flee financial crime roles as CCO Perlman eyes exit amid DOJ Iran probe
Bloomberg ·
Warsh Fed Chair hearing set for mid-April as DOJ's Powell probe and Tillis holdout cloud confirmation
CNBC ·