Feds nab alleged money launderers for pig butchering scheme

Two alleged ringleaders were arrested in the U.S. for running an international money‑laundering operation that funneled at least $73 million stolen in "pig butchering" crypto investment scams through about 74 shell companies and bank accounts (including Deltec in the Bahamas) and converted funds to USDT and Binance wallets; investigators tied multiple victims' losses to these accounts and reported one separate wallet received roughly $341 million in virtual currency over three years.