DC victim losses $30k to crypto scam, DOJ warns scammers are still at large
WASHINGTON (7News) — The Justice Department has filed a civil forfeiture complaint for cryptocurrency-related confidence scams that targeted victims in the District of Columbia, Texas, Illinois, and Florida, according to U.S. Attorney Jeanine Pirro.
A total of $868,247 in the currency Tether (USDT) was stolen from at least four victims between September 2022 and February 2025.
The FBI Honolulu Division Cyber Squad initiated the investigation in late 2022 after a resident reported losing $1.3 million to the LME Crypto Group. This scam group impersonated the London Metal Exchange. The scammers built long-term online relationships with the victims, and eventually got them to invest in fake cryptocurrency trading platforms.
