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FinCEN report links $12.7B in crypto scam transactions to overseas centers

FinCEN said an analysis of more than 33,000 reports found $12.7 billion in crypto transactions “perpetrated by overseas scam centers,” tied to crypto scams operating outside the US. The report was released Thursday.

FINCEN

An analysis from the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) identified $12.7 billion in crypto transactions “perpetrated by overseas scam centers.”According to a FinCEN report released on Thursday, an analysis of more than 33,000 reports filed between Septembe…