PANews|6月 04, 2026 05:13
[Coinbase Freezes $3 Million Linked to Southeast Asia Crypto Fraud Network]
According to Cointelegraph, Coinbase has frozen over $3 million in cryptocurrency linked to a Southeast Asia crypto fraud network. This action is part of the U.S. Department of Justice's Fraud Section-led 'Disruption Week' initiative, aimed at combating crypto fraud targeting U.S. citizens. Meta, Microsoft, and Starlink also participated in the operation, collectively cutting off servers and hosting infrastructure associated with the fraud network, disrupting criminal activities involving over 1.4 million social media and email accounts. The Royal Thai Police Anti-Cyber Crime Center has carried out multiple arrests. The U.S. Department of Justice stated that investment fraud and pig-butchering scams are the fastest-growing and most financially devastating types of fraud targeting Americans.
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