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DOJ Goes Nuclear on Scam Centers: $700 Million in Crypto Frozen and "Pig Butchering" Compounds Targeted

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by COINS NEWS 206 Views

The U.S. Department of Justice just dropped a massive hammer on the transnational criminal networks running those "pig butchering" scams we all see in our DMs. In a coordinated strike, the DOJ’s "Scam Center Strike Force" has successfully restrained over $700 million in cryptocurrency and unsealed indictments against two Chinese nationals, Huang Xingshan and Jiang Wen Jie.

According to the reports, these guys weren't just running a website; they were operating a massive physical compound called "Shunda" in Myanmar. This place wasn’t just a hub for financial fraud, it was a site of horrific human rights abuses, including human trafficking and physical violence against the workers forced to carry out these scams.

Stay cautious. If an investment opportunity sounds too good to be true, or a stranger is "fattening you up" with friendly conversation before mentioning crypto, it’s a scam.

https://www.justice.gov/usao-dc/pr/scam-center-strike-force-takes-major-actions-against-southeast-asian-scam-centers

submitted by /u/EmbarrassedStudent10
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