U.S. Seizes $584.7 Million in Cryptocurrency Linked to Southeast Asian Scams

U.S. authorities have confiscated over $584.7 million in cryptocurrency connected to scam operations in Southeast Asia, orchestrated by Chinese transnational criminal organizations. According to NS3.AI, the Scam Center Strike Force, established in 2025, is focused on dismantling "pig butchering" crypto investment schemes that exploit U.S.-based internet infrastructure and social media to target American citizens. Officials are committed to pursuing forfeiture to return the funds to victims and are actively working to disable the online infrastructure facilitating these scams.