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The U.S. Department of Justice announced on Monday, April 3 that federal investigators seized virtual currency worth an estimated $112 million linked to elaborate cryptocurrency investment scams named “pig butchering.” Judges in Los Angeles, Arizona, and Idaho authorized seizure warrants for six virtual currency accounts, including one based in the Los Angeles area that contained
The post Justice Department seizes over $100 million related to cryptocurrency schemes, including in the LA area appeared first on L.A. FOCUS NEWSPAPER.
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