DOJ disrupts Southeast Asia crypto fraud rings, freezes $3.8M in assets

The U.S. DoJ led a global “Disruption Week” targeting Southeast Asian crypto fraud networks, dismantling millions of scam accounts and freezing $3.8 million in assets. With tech companies and international law enforcement, the effort disrupted infrastructure, arrested suspects, and targeted “pig butchering” scams, which have rapidly grown into a multibillion-dollar threat exploiting victims and trafficked workers.