U.S. seized $8.2 million in crypto linked to 'Romance Baiting' scams
ID: 73b64a4c-dc71-54f5-887a-c52d65c4f433
STIX ID: report--73b64a4c-dc71-54f5-887a-c52d65c4f433
Feed Name: Bleeping Computer
Threat Score
The U.S. Department of Justice, with blockchain intelligence support, seized more than $8.2 million in USDT tied to romance-baiting investment scams that defrauded dozens of victims across multiple U.S. states; the complaint outlines laundering patterns, victim losses exceeding $5.2M confirmed (with individual losses up to ~$663K), and links the operation to human trafficking-related syndicates in Southeast Asia, enabling asset forfeiture and potential restitution.
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