The District of Columbia Fraud Center's special task force has seized and frozen $580 million in crypto assets.

Huoxun Finance News, February 27th - According to Decrypt, the U.S. Attorney's Office for the District of Columbia announced that the Fraud Center Task Force has frozen and seized over $580 million in cryptocurrency from Southeast Asian criminal networks. Attorney Jeanine Pirro stated that the task force has made "significant progress" in freezing, seizing, and confiscating cryptocurrency assets from fraud networks in countries such as Myanmar, Cambodia, and Laos, and said it will return these funds to victims through legal procedures as much as possible. The Fraud Center Task Force, established in November 2025, is coordinated by multiple government agencies including the U.S. Department of Justice, FBI, Secret Service, and Treasury Department, with the goal of combating transnational criminal networks profiting from "pig butchering" scams. These scams use social engineering to induce victims to buy cryptocurrency, then transfer funds through fake investment domains and applications.