US DOJ Seeks Forfeiture of $25M in Crypto Tied to Romance and Investment Scams on Tuesday

According to the US Department of Justice, the DOJ filed five civil forfeiture complaints on Tuesday seeking more than $25 million in cryptocurrency tied to international investment and romance scams targeting victims in Canada and the United States. The assets were recovered through investigations by the Cyber Fraud Task Force, which identified thousands of victims misled into making fraudulent digital asset investments. The largest complaint seeks about $12.1 million linked to romance schemes affecting more than 200 victims, while another targets $10.4 million from over 270 suspected victim transactions. Investigators identified launderers predominantly located in Southeast Asia, with related IP addresses in China, Malaysia and Cambodia.
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