The U.S. Department of Justice has charged a 37-year-old Vietnamese national, Trung Nguyen Van, with money laundering linked to a cryptocurrency pig butchering fraud network. Wallets controlled by Van received approximately $53.3 million from schemes targeting American victims. A single investor allegedly lost about $16 million after being directed to a fake crypto investment platform called Triangle. Van appeared in federal court in Los Angeles and is presumed innocent until proven guilty.
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