IC3 data show 2024 losses from CIF scams reached about $5.8 billion across more than 41,000 complaints, illustrating the scope of crypto investment fraud.

The Department of Justice seized the domain tickmilleas.com, which was used to defraud Americans through cryptocurrency investment scams tied to the Tai Chang network operating out of Kyaukhat, Burma.

Since 2020, CCIPS has secured hundreds of cybercrime convictions and recovered more than $350 million for victims.

The DOJ’s crypto-crime crackdown extends to North Korean crypto-revenue schemes and civil forfeiture actions involving stolen Bitcoin from SIM-swapping, signaling a broad federal push against cyber-enabled financial crime.

Pig-butchering scams lure Americans via social media or text, then move funds to fake crypto platforms; authorities urge reporting to ic3.gov and provide ongoing investigation contacts.

DOJ framing emphasizes cutting off digital channels used by scam networks and preventing their exploitation of US infrastructure for cross-border fraud.

Users were directed to download apps from Google Play and Apple’s App Store, which were removed after FBI notifications to the platform operators.

The Scam Center Strike Force in Washington, D.C. led the operation and coordinated with Meta, resulting in the removal of about 2,000 related accounts.

The case is being prosecuted by the U.S. Attorney for the District of Columbia, with participation from CCIPS and the FBI’s San Diego Field Office, reflecting cross-border cybercrime enforcement.

The FBI cautioned that the true scale is likely larger due to underreporting and noted a San Diegan who was warned before any money was lost.

The article situates this crackdown within a broader sequence of related cases and sanctions from late 2025, underscoring a wider effort against crypto scams.

DOJ-linked FBI data reiterates the 2024 figure of over 41,000 crypto-related fraud complaints with nearly $5.8 billion in losses, while CCIPS has built a track record of convictions and victim recoveries.