Officials recover $225 million in crypto stolen from Americans through scam targeting hundreds
Officials have seized more than $225 million in cryptocurrency that prosecutors say was stolen from Americans as part of a global scam targeting hundreds, according to the Justice Department.
Dozens of Americans — and an estimated 400 people worldwide — were targeted by so-called “cryptocurrency confidence” scams, where victims are tricked into making fraudulent investments, according to prosecutors. Now, the FBI and the Secret Service are working to identify the victims and ensure their funds are returned.
These schemes, also…
