CNN
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US law enforcement has seized over $225 million in cryptocurrency allegedly stolen from dozens of American victims as part of a sophisticated investment scam, the Justice Department said Wednesday.
It’s the largest-ever seizure of funds stolen in so-called “crypto confidence” scams, which dupe people into investing in fraudulent cryptocurrency schemes, the department said.
The scam affected more than 400 people worldwide, including dozens of Americans, and caused millions of dollars in losses, according to a complaint unsealed Wednesday. The scammers conducted “hundreds of thousands” of transactions in…
