LOS ANGELES: The Justice Department has seized more than US$112 million linked to cryptocurrency investment schemes, often called pig butchering or romance scams to entice victims online.Judges in the District of Arizona, the Central District of California, and the District of Idaho authorised the seizure warrants for six virtual currency accounts, which were allegedly used to launder funds from various cryptocurrency confidence scams, the Justice Department announced Monday.According to court documents, the alleged swindlers cultivated long-term relationships with victims they met online before enticing them to invest in cryptocurrency trading platforms run by scammers, reported UPI.Transna
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