#crypto seizure

The post Argentine Prosecutors Arrest 24, Seize Over $8M in USDT in ‘Fake Coins’ Crypto-Fraud Sweep appeared on BitcoinEthereumNews.com. The Buenos Aires Public Prosecutor’s Office said it ran 90 simultaneous raids and froze more than 8 million USDT across three fraud rings — fake trading apps, WhatsApp hijacks, and a Chinese-origin infostealer operation — in what it calls the province’s largest crypto seizure to date. Argentina’s Buenos Aires Public Prosecutor’s Office said it arrested 24 people and seized more than 8 million USDT in a nationwide sweep it called “Fake Coins,” one of the largest crypto-enforcement actions in the province’s history. The 90 simultaneous raids, executed by the Argentine Federal Police’s Cybercrime Directorate, also yielded nearly 60 million pesos in cash and 80 mobile phones. The prosecutor’s office put the dismantled schemes’ total economic damage at almost 3 billion pesos — roughly $2.4 million at recent rates — across more than 100 separate complaints.

The Buenos Aires Public Prosecutor's Office said it ran 90 simultaneous raids and froze more than 8 million USDT across three fraud rings — fake trading apps, WhatsApp hijacks, and a Chinese-origin infostealer operation — in what it calls the province's largest crypto seizure to date.