The United States Establishes "Scam Task Force" Targeting Southeast Asia Piggybacking Networks

BlockBeats News, November 13th. The U.S. Department of the Treasury, together with the Department of Justice and other agencies, announced the formation of the Scam Center Strike Force, led by the U.S. Attorney's Office for the District of Columbia. The task force will collaborate with the DOJ, Treasury Department, State Department, and multiple agencies to combat "rug pull" scams carried out through cryptocurrency transactions, focusing on cross-border networks in Myanmar, Cambodia, Laos, the Philippines, and other areas.

Prior to this, the U.S. authorities, in a joint operation targeting the Cambodian Prince Group, seized 127,271 BTC. (CoinDesk)