Code & Chain · Signal Desk

US DOJ Freezes About $938 Million in Fraud-Related Crypto Assets Tied to Southeast Asian Scam Networks

Original sourceCoincu

Summary

The US Department of Justice-led Scam Center Strike Force (established in 2025, including the US Attorney's Office for the District of Columbia, DOJ's Criminal Division, the FBI, and the US Secret Service) announced that as of September 9, 2026, it had frozen about $938 million in fraud-related cry…

Key points

  • This is a concrete case of on-chain enforcement at scale, showing stablecoin issuers' freeze capability becoming a core tool in cross-border scam crackdowns.
  • Large-scale freezes show public-chain transparency and issuer powers being used to recover criminal proceeds, while reminding holders that assets are not absolutely beyond intervention.
  • Ordinary users can understand the real scale of scam flows being tracked and frozen; compliance and risk teams must note scammers shifting to alternative stablecoins to evade and update on-chain monitoring rules.

Editorial note

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