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Be careful! The US Treasury identified $12.7B linked to catfish crypto scams across the country

Finally, we have our favorite segment, How not to invest. Hit it.

Yahoo Finance

Publisher

Sep 4, 2026 at 5:30 PM UTC · 1 分钟阅读

Be careful! The US Treasury identified $12.7B linked to catfish crypto scams across the country
Image via Yahoo Finance

Key Signal

Nearly $13B Suspected scam-linked assets

Last Updated

1 天前

翻译中…

00:00 Speaker A

Finally, we have our favorite segment, How not to invest. Hit it.

00:05 Singer

How not to invest.

00:08 Singer

How not to invest.

00:15 Speaker A

Reach crypto's most engaged readers — advertise mid-article on NewsLayer
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The Financial Crimes Enforcement Network right here, FinCEN, identifies nearly 13 billion linked to suspected digital asset scams operated by overseas scam centers.

00:30 Speaker A

These are those fishing people we're talking about.

00:32 Speaker A

They identified victims across all 50 states and several US territories. I've told you about this before.

00:39 Speaker A

These are the pig butchering scams that we've talked about in the past where criminals pose as romantic partners, friends or business contacts before directing victims towards fake investment websites and apps.

00:59 Speaker A

Why this matters

FinCEN's identification of suspected scam-linked activity spanning all 50 states signals that overseas crypto investment fraud is a nationwide consumer-protection and anti-money-laundering concern. The finding could increase scrutiny of payment channels, exchanges and other services used to move funds connected to scam centers.

So, here's a little hint. If your new romantic partner refuses to video call you, but has a proprietary crypto platform, you're not early.

01:10 Speaker A

You are the exit liquidity.

01:13 Speaker A

And you are getting scammed. Do not send people your crypto, especially people who are catfishing you on the internet.

01:20 Speaker A

This is a global operation for tens of billions of dollars.

01:26 Speaker A

That is how not to invest.

#crypto#government-policy#regulation

Sourced by

Originally reported by Yahoo Finance

NewsLayer coverage based on externally reported material.

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