In one of the largest crypto repressions to date, the United States Department of Justice has seized 225.3 million dollars in digital activities related to a network of shadows of investment scams. The operation has targeted a growing wave of fraud known as “butchers of pigs”, in which the victims are attracted to false cryptographic investments through personal and social media messages. This marks the largest seizure of cryptocurrency ever managed by the secret service. The Doj confirmed that this case establishes a new record for the largest seizure of digital resources managed by the secret service.
How the scam worked
The fraud patterns have used Slick social engineering tactics. The victims were contacted online, often through apps of appointments or messaging platforms and slowly convinced to trust the scammers. The criminals presented themselves as financial consultants or Love interests, guide victims of investment in false crypto platforms. Once the funds are deposited, the scammers have disappeared.
Today, Matthew R. Galeotti di @Dojcrimdiv He has announced a complaint of civil decadence to seize $ 225.3 million in cryptocurrency linked to fraud of investments and money laundering. The funds were traced through a sophisticated blockchain network used to defraud over 400 suspicious victims. pic.twitter.com/pben8mjrfd
– criminal division (@dojcrimdiv) June 18, 2025
The police have discovered a network of portfolio addresses used to recycle steps stolen on hundreds of thousands of transactions. The Blockchain analysis helped the authorities to track down these digital breadcrumbs with centralized points, at the end of the SeizurAnd. Investigators tracked down the stolen funds through the wallets and frozen almost $ 225 million after building a case with Blockchain Forensics.
Doj sends a clear message
Matthew Galeotti of the Doj criminal division said that this is part of a wider push to protect daily investors. The fraud scale was enormous. According to the Doj, over 400 victims were affected by these sophisticated online scams, many of which have lost their savings on life.
The American lawyer Jeanine Pirro stressed that it is not just about capturing bad actors; It is also about trying to recover funds and return them to the victims. The FBI echoed to that feeling, reaffirming its attention to the dismantling of the fraud networks to the Americans.
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Because this attack is important
Case lights up a reflector THE pure Scale of cryptographic scams It is happening right now. According to the FBI, the fraud of cryptocurrency investments caused losses of almost $ 6 billion losses last year. And it’s just growing.
What distinguishes this attack is not only the amount, but the fact that it has led to a strong coordination between government agencies and private cryptocurrencies. The Department of Justice has even recognized the tether of the Stablecoin broadcaster for having attended freezing activities related to the regime.
The public and private sectors work together
Blockchain analysis companies played a key role in monitoring the movement of funds. The secret service, the FBI and several companies specialized in Blockchain forensic tools he worked side by side TO follow The path of money.
The approach was methodical: keep track of the activities stolen through the networks, build a legal case, freeze the funds, Then File for confiscation. The officials said that this model could become a project for future repressions.
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What comes later
The seized cryptocurrency is now blocked pending the approval of the court. If all goes well, some victims could actually Obtain their money Backwards. It is a rare possibility of return to a space in which losses are often definitive.
In the meantime, the regulators and cryptographic exchanges are under increasing pressure to increase their defenses. With scam evolution Quickly, the expectation is that the digital resources platforms strengthen the rules of the Kyca, improve controls on the risks and work more closely with investigators.
The biggest image
This attack is more than a title of application of the law. It show how far away The cryptographic fraud has Come And how seriously the authorities are now Treatment It. For cryptographic users, IT AND A reminder to stay sharp. For scammers, this AND A warning: your days to hide behind false platforms and burner wallets are obtain shorter.
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The Doj seized $ 225 million in digital resources from the Scam Crypto networks using social engineering and false investment platforms.
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The fraud, known as the “butcher of pigs”, attracted victims through messaging apps and appointments sites before emptying their funds.
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The secret service of the United States has identified compared to 400 victims, marking the largest seizure of cryptocurrencies ever.
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The Doj, FBI, Secret Service and Blockchain companies have collaborated to trace and freeze the funds, with the help of the Stablecoin broadcaster.
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Officials claim that this investigation model could guide future repressions and could allow some victims to recover their losses.
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