On Wednesday, the Department of Justice of the US (Doj) announced one of the largest cryptocurrency in the history of attacks, with a total value of over $ 225 million, associated with the broadly tilted fraudulent network of fraud “Świni Slaughter”.
Civil activity is focused on funds brought to a number of disingenuous investment platforms, which lured people with the promise of justified cryptocurrency possibilities, only to drop the victim of the sophisticated criminal activity, often based abroad.
Federal repression regarding cryptographic fraud
Shawn Bradstreet, a special agent responsible for the San Francisco field office, USA emphasized The importance of this assault, turning it to the historic milestone in the agency’s efforts to combat cryptographic fraud. “This occupation is the greatest occupation of cryptocurrencies in the history of secret service in the US,” said Bradstreet.
Bradstreet emphasized that these frauds are exact on the victims, emphasizing the joint efforts between Secret Service, the Federal Investigative Bureau (FBI) and private sector partners to follow illegal transactions And identify affected people.
Special agent San Francisco from San Francisco, Sanjay Virmani, repeated these feelings, pointing to the destructive consequences of such investment programs. “In this case, hundreds of victims lost millions of dollars on a complicated program,” he noted, praising the diligence of the investigation team in recovering stolen assets.
The FBI still chases criminals behind these soulless cheaters, working with federal partners and industry experts to disrupt these malicious ones Network and recover funds for victims.
Tether’s key role
The authorities associated a dishonest network with about 400 suspicious victims around the world, including dozens in the United States.
According to FBI data, the cryptographic fraud was responsible for over $ 5.8 billion in the losses last year. The stopped funds are now the subject Action with forfeitureIn order to finally return the money to those who were cheated.
Following illegal funds, American secret service and FBI used advanced blockchain analysis tools, which proved to be crucial in discovering the beginnings of stolen assets.
The operation received significant facilitate from Tether, the world’s largest issuer Stablecoin, USDT, who played a key role in investigation. The complaint revealed that the funds were related to extensive laundering and the theft related to confidence fraud, which often apply personal relationships to gain the trust of victims.
The complexity of the network has been additionally illustrated by relying on hundreds of thousands of transactions designed to cover the origin of the funds, using the refined blockchain maneuvers to hide the flow of stolen assets.
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