$52M Cryptocurrency Seized in Global Crackdown on China-Linked Scam Networks

Federal authorities have launched a global crackdown on alleged Chinese-run scam networks, resulting in the seizure of $52 million in cryptocurrency. The operation targeted 13 scam compounds in Madagascar and led to the arrest of over 400 individuals.

The U.S. Attorney for D.C., Jeanine Pirro, joined Lawrence Jones to analyze the major operation. No specific details about the networks or their leaders were provided in the source material.