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FBI and DOJ seize $8.2 Million in romance baiting crypto fraud scheme

  • The U.S. DOJ seized over $8.2 million in USDT stolen through ‘romance baiting’ scams.
  • Fraudsters tricked victims into fake investments promising high returns.
  • The FBI used blockchain intelligence to trace the flow of funds through various platforms and networks.
  • The seizure provides restitution for victims as the FBI traces additional addresses.

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