🚨 FinCEN reveals about $13 billion linked to cryptocurrency scams
🔴 The U.S. Financial Crimes Enforcement Network (FinCEN) revealed about $12.7 billion in financial activity linked to suspected investment scams involving digital assets.
🌏 According to the analysis, a large portion of these operations is carried out by transnational criminal organizations operating from scam centers in Southeast Asia, targeting victims inside and outside the United States.
📊 FinCEN based its findings on the analysis of 33,904 suspicious transaction reports between September 2023 and December 2025.
⚠️ The methods used include what is known as "Pig Butchering," where scammers build a relationship of trust with the victim before persuading them to transfer money to fake platforms or digital investments.
⚖️ The data highlights the scale of the challenge facing U.S. authorities in combating digital fraud and money laundering through transnational criminal networks.
🔴 The U.S. Financial Crimes Enforcement Network (FinCEN) revealed about $12.7 billion in financial activity linked to suspected investment scams involving digital assets.
🌏 According to the analysis, a large portion of these operations is carried out by transnational criminal organizations operating from scam centers in Southeast Asia, targeting victims inside and outside the United States.
📊 FinCEN based its findings on the analysis of 33,904 suspicious transaction reports between September 2023 and December 2025.
⚠️ The methods used include what is known as "Pig Butchering," where scammers build a relationship of trust with the victim before persuading them to transfer money to fake platforms or digital investments.
⚖️ The data highlights the scale of the challenge facing U.S. authorities in combating digital fraud and money laundering through transnational criminal networks.