U.S. Department of Justice Teams with Tech Giants to Freeze $3.8 Million in Fraud-related Crypto Assets, Targeting Transnational Crime in Southeast Asia

Odaily Odaily reports that the U.S. Department of Justice launched "Disruption Week," partnering with tech companies including Coinbase, SpaceX, Meta, and Apple to freeze over $3.8 million in stolen crypto assets, targeting organized crypto fraud originating from Southeast Asia.

Through information sharing between the government and private enterprises, the operation successfully disrupted over 1.4 million social media and email accounts and assisted in the arrest of 7 fraud suspects. The DOJ stated that this demonstrates the power of public-private sector collaboration in preventing more American citizens from becoming victims.

FBI data shows that in 2025, U.S. losses from crypto fraud approached $11.4 billion, a 22% increase year-over-year. Previously, companies such as Coinbase, Kraken, and Binance also assisted in freezing $12 million in fraud-related funds. (Decrypt)