US Charges Man After Crypto Scam Wallets Received More Than $53M

TL;DR U.S. prosecutors have charged a Vietnamese national with money laundering tied to alleged cryptocurrency “pig butchering” schemes. Prosecutors say wallets controlled by the defendant received roughly $53.3 million linked to fraud schemes targeting U.S. victims. One victim allegedly transferred about $16 million after being directed to a fake crypto investment platform. U.S. prosecutors have charged a Vietnamese national over an alleged cryptocurrency fraud network that moved more than $53