US Offers $10M Reward as DOJ Restrains Over $700M in Crypto From Scam Centers Targeting Americans

The U.S. State Department Offers a “reward offer of up to $10 million for information leading to financial disruption of Tai Chang Scam Centers in Burma”

The U.S. Department of Justice (DOJ) and State Department announced coordinated actions targeting Southeast Asian scam centers, their financial networks, and alleged fraud schemes aimed at Americans.

The State Department said the #Reward seeks information tied to money laundering connected to Tai Chang.

It stated:

“Tai Chang is a series of compounds conducting these online fraud schemes, particularly cryptocurrency investment fraud.”

The Justice Department outlined an expanded enforcement push through its Scam Center Strike Force, emphasizing ongoing financial tracking and asset recovery.

“The Strike Force has continued to identify funds involved in money laundering from scam centers, seeking to seize and forfeit the same.”

It stated, adding:

“Collectively the U.S. Attorney’s Office, the Department’s Criminal Division, and their partners have restrained more than $700 million in cryptocurrency alleged to be tied to money laundering from #cryptocurrency scams.”

The amount underscores the scale of the operation and highlights cryptocurrency’s central role in the government’s enforcement strategy.