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The Office of the Prosecutor in Washington, D.C., announced that the newly established "Fraud Center Task Force" has frozen, seized, and moved to confiscate over $580 million in cryptocurrency assets related to Southeast Asian "pig-butchering" scam networks. These networks mainly operate in Myanmar, Cambodia, Laos, and other regions, using social engineering to induce victims to purchase cryptocurrencies and divert them to fake investment websites and apps before stealing the assets. Prosecutors stated that they will proceed with asset confiscation according to the law and will try to return as much as possible to the victims. (Decrypt)