Seize Over $580 Million in Crypto Linked to Chinese Scams

U.S. officials froze and seized approximately $580 million in cryptocurrency connected to Chinese scam networks targeting Americans. The crackdown aims to disrupt large-scale fraud schemes exploiting crypto platforms. Authorities continue investigations to identify perpetrators and prevent further financial harm. The operation marks one of the largest crypto seizure efforts tied to international scam activities impacting U.S. citizens.