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The Nexus
SECURITYApr 24 · 07:32 UTCR/CRYPTOCURRENCY/u/EmbarrassedStudent10

DOJ Goes Nuclear on Scam Centers: $700 Million in Crypto Frozen and "Pig Butchering" Compounds Targeted

The U.S. Department of Justice's Scam Center Strike Force has frozen $700 million in cryptocurrency and indicted two Chinese nationals, Huang Xingshan and Jiang Wen Jie, for operating a 'pig butchering' scam hub called Shunda in Myanmar, which involved human trafficking and violence. The compound targeted victims through crypto fraud and coercive tactics.

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