Fact-check · Oct 21, 2026
“Federal law enforcement has also frozen nearly $1,000,000,000 of cyber currency and tied to foreign scammers”
TRUE
What the record shows
Justice Department has restrained roughly $938 million in digital assets linked to scam operations as of October 2026; Scam Center Strike Force froze/seized $580 million as of February 2026.
Claim of 'nearly $1 billion' frozen aligns with DOJ's stated $938 million restrained in digital assets tied to foreign scam networks.
Sources
- DC Scam Center Strike Force Crypto Seizures, Freezes Hit $580M
- FBI seizes record-setting $8 billion in cryptocurrency amid intercontinental 'scam compound' crackdown
- FBI Makes Largest Crypto Seizure Ever In Global ‘Scam Compound’ Crackdown
- Operation Talent
- District of Columbia
- FBI San Diego Investigation Leads to Up to $10 Million State Department Reward for Information on Tai Chang Scam Center, Seizure of Malicious Domain Used by Compound
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