Pig Butchering

USA v. 852,654.047192 USDT et al: Forfeiture Complaint (‘$5M Pig Butchering Fraud’)

April 1, 2025

Forfeiture Complaint regarding crypto allegedly traceable to "investment fraud scams" in USA v. 852,654.047192 USDT, 105,553.680342 USDT, and 1,013,192.066449 USDT at the U.S. District Court for the Eastern District of Virginia.

Eric Evans v. BlofinTYU et al: Complaint (‘$896K Pig Butchering Fraud’)

March 3, 2025

Complaint in Eric Evans v. BlofinTYU, described as "a fraudulent cryptocurrency-investment platform" whose location is "unknown"; Aubree Hanson, "who claims to be a citizen of Japan residing in Evanston, Illinois"; Zedxion Exchange Ltd., described as "a decentralized cryptocurrency exchange registered in the United Kingdom as Zedxion Exchange Limited", and Elizabeth Newman, described as "a citizen of the Dominican Republic and resides in Dubai, UAE", at the U.S. District Court for the Eastern District of Texas.

USA v. 8.2M Tether: Forfeiture Complaint (‘Fraud & Crypto Laundering’)

February 27, 2025

Forfeiture Complaint regarding crypto allegedly traceable to "confidence fraud scams perpetrated on victims throughout the United States" in USA v. 4,340,000 Tether, 3,290,000 Tether, and 577,578 Tether at the U.S. District Court for the Northern District of Ohio.

Donald Fuller v. PZcoin.io et al: Complaint (‘$1.2M Pig Butchering Fraud’)

February 4, 2025

Complaint in Donald Fuller v. Hannah Smith, PZcoin.io, Anthony Zhou, Harru King Law Firm, Liante Industrial Co. Limited, Wei Si, Yehen Trade Co. Limited, Fen Chen, Wen Wen Trading Inc., Wen Shen, DBS Bank (Hong Kong) Limited, Yan Xu, and John Does 1-20 at the U.S. District Court for the Eastern District of Texas.

USA v. 325,705.7 USDT et al: Forfeiture Complaint (‘Pig Butchering Fraud & Crypto Laundering’)

December 12, 2024

Forfeiture Complaint regarding the "proceeds of a "pig butchering" fraud scheme" allegedly associated with Chinese citizens Feng Chen and Tianqiong Xu in USA v. 325,705.7 USDT, 0.110920719 ETH, and Precious Metals Seized from 1039 Echols Drive, Frisco, Texas, USA at the U.S. District Court for the District of Vermont.

Hector Gustav Gutierrez v. ‘Yan Shi Zhang’ et al: Complaint (‘$2.1M Pig Butchering Fraud & Crypto Laundering’)

September 10, 2024

Complaint alleging "Defendants stole cryptocurrency from Plaintiff in the amount of 33.80204 Bitcoin (BTC) pursuant to a sophisticated global internet cryptocurrency fraud and conversion scheme" involving a "fraudulent website" at www.coinberryf.com in Hector Gustav Gutierrez v. 'Yan Shi Zhang' and John Doe Defendants 1-15 at the U.S. District Court for the Central District of California.

USA v. Crypto Seized From OKX Account # 162225466726559744: Forfeiture Complaint (‘$311K Pig Butchering Fraud & Crypto Laundering’)

September 5, 2024

Forfeiture Complaint regarding the proceeds of fraud in USA v. Crypto seized from OKX Account # 162225466726559744 at the U.S. District Court for the Eastern District of Michigan.

USA v. BTC 9.55075247 et al: Forfeiture Complaint (‘$248M Fraud & Crypto Laundering’)

August 26, 2024

Forfeiture Complaint regarding the alleged proceeds of fraud seized from an account at Binance crypto exchange that was allegedly "processed virtual currency equaling the equivalent of approximately $248 million(USD) between 2020 and January 2023" in USA v. 9.55075247 Bitcoin, 80.92772386 Ether, and 16341.9 Polygon at the U.S. District Court for the Northern District of Georgia, USA.

USA v. 2.5M Tether: Forfeiture Complaint (‘Pig Butchering Fraud & Crypto Laundering’)

July 16, 2024

Forfeiture Complaint regarding the suspected proceeds of pig butchering fraud seized from two accounts at Binance crypto exchange in the names of Wasit Cholumnuay and Chatchal Kraibumrung in USA v. 2,546,415.01 USDT at the U.S. District Court for the District of Columbia.

USA v. 196,721.18289916 USDT: Forfeiture Complaint (‘Pig Butchering Fraud & Crypto Laundering’)

June 7, 2024

Forfeiture Complaint regarding the alleged proceeds of fraud in USA v. 196,721.18289916 USDT seized from a Binance account held by Izuchukwu Henry Okolo at the U.S. District Court for the District of Columbia.

Germany: TD Bank N.A. et al (‘€83K Romance Fraud’)

May 22, 2024

Application for the appointment of a Commissioner to collect evidence from TD Bank N.A., JPMorgan Chase Bank N.A., Citibank N.A., and Wells Fargo Bank N.A. - pursuant to a request for judicial assistance from Germany - for a criminal investigation into a suspected 'online romance fraud' in which the victim allegedly lost €83,500.

U.S. charges Chinese nationals with laundering $73M via accounts at Bahamas-based Deltec Bank

May 18, 2024

Two Chinese nationals - one of whom has a second passport issued by Saint Kitts and Nevis - have been arrested in the United States after being criminally charged with laundering at least $73 million of 'Pig Butchering' crypto-related fraud proceeds through accounts at Deltec Bank & Trust, in the Bahamas.

George Fitzgerald II v. John Doe: Complaint (‘Pig Butchering $267K Stolen Crypto’)

May 17, 2024

Complaint alleging "a sophisticated global internet cryptocurrency fraud and conversion scheme" in George Edward Fitzgerald II, who was described as "a victim of a Pig butchering scam" v. John Doe Defendants "who are the owners of Binance cryptocurrency deposit wallets 1PVZh5tpg1S4wSmbat8wjk9GZHsTuKcTJA and 0xab060ac3b57273f171db4e99ac2d785126347a8e" at the U.S. District Court for the Southern District of Florida.

USA v. Daren Li et al: Criminal Indictment (‘$73M Crypto Laundering’)

May 15, 2024

Criminal Complaint alleging money laundering involving accounts at Bahamas-based Deltec Bank & Trust in USA v. Daren Li, described as a citizen of China and Saint Kitts and Nevis residing in Cambodia, China, and the United Arab Emirates, and Yicheng Zhang, described as a citizen of China residing in Los Angeles, California, USA, at the U.S. District Court for the Central District of California.

USA v. Daren Li: Criminal Complaint (‘$80M Crypto Laundering’)

April 8, 2024

Criminal Complaint regarding "an international money laundering syndicate that launders the proceeds of fraud schemes, including cryptocurrency investment scams" in USA v. Daren Li at the U.S. District Court for the Central District of California.

USA v. 299,457.4 USDC et al: Forfeiture Complaint (‘Pig Butchering Fraud & Crypto Laundering’)

March 13, 2024

Forfeiture Complaint regarding the alleged proceeds of pig butchering fraud in USA v. 299,457.4 USDC, 162.5354 USDT, 6,941.648 TRX, 1,455,143.462248 USDT, 3,032.1689461 SOL, 67.79400436 BNB, 95,336.8670150 TRX, 703.955431 ADA, and 0.54151495 ETH at the U.S. District Court for the District of Massachusetts.

USA v. 3.4M USDT et al: Forfeiture Complaint (‘$8M Pig Butchering Fraud & Crypto Laundering’)

March 11, 2024

Forfeiture Complaint regarding the alleged proceeds of 'Pig Butchering' scams "by an individual or group of individuals portraying themselves as Li SISI and David WU" in USA v. 3,400,000 USDT, 2,439,232.19 USDT, and 2,899,226.90 USDT at the U.S. District Court for the Northern District of California.

Leonard Licht v. Binance Holdings Ltd. et al: Complaint (‘$2.7M Pig Butchering Crypto Fraud & Laundering’)

February 23, 2024

Complaint in Leonard Licht, described as "a 75-year-old widower" residing in Texas, USA, who "was victimized by a pig butchering scheme spearheaded by a criminal syndicate based in Cambodia" v. Binance Holdings Limited, described as "a Cayman Islands corporation that operates the world’s largest cryptocurrency exchange, Binance.com"; BAM Trading Services, Inc., and Changpeng Zhao, described as "a Chinese-born citizen of Canada", at the U.S. District Court for the District of Massachusetts.

CFTC v. Debiex et al: Complaint (‘Pig Butchering Fraud’)

January 17, 2024

Complaint alleging fraud in Commodity Futures Trading Commission v. Debiex, as Defendant, and Zhāng Chéng Yáng, described as "a Chinese ntional", as Relief Defendant, at the U.S. District Court for the District of Arizona.

Croatia: JPMorgan Chase Bank et al (‘Pig Butchering Fraud’)

January 17, 2024

Application for the appointment of a Commissioner to collect evidence from JPMorgan Chase Bank, N.A. and Citibank, N.A. - pursuant to a request for judicial assistance from Croatia - for a criminal investigation into "unknown subject(s) for fraud".

Denmark: Wells Fargo Bank, NA et al (‘Pig Butchering Fraud’)

January 17, 2024

Application for the appointment of a Commissioner to collect evidence from Wells Fargo Bank, N.A. and Bank of America - pursuant to a request for judicial assistance from Denmark - for a criminal investigation into "investigating unknown subjects for fraud" in which the alleged victim was allegedly deceived into sending funds to someone pretending to be "the lead singer of a prominent Canadian rock band".

USA v. 86,766 USDT: Forfeiture Complaint (‘Fraud & Crypto Laundering’)

November 1, 2023

Forfeiture Complaint regarding the alleged proceeds of "a variety of fraud schemes to convince an unsuspecting victim to send co-conspirators money", one of which "involves “pig butchering,” where online co-conspirators utilize social media platforms and dating websites in search of fraud victims" in USA v. 86,766 USDT "seized from OKX account UUID ending 5504 and ID Number ‘097799 with affiliated deposit address ending 94d8" at the U.S. District Court for the Western District of Michigan.

USA v. 5,012,294.90 in TetherUS et al: Forfeiture Complaint (‘Investment Fraud Crypto Laundering’)

September 20, 2023

Forfeiture Complaint regarding virtual assets seized from accounts at Binance crypto exchange in the names of Kosit Sisawigon and Suradet Totsaponvised, both in Thailand, and Low Li Yu, in Malaysia, that "was swindled from victims through the course of an investment fraud scam" in USA v. 5,012,294.90 in TetherUS, 75,589,553.41 in Gala, 226.81 in BNB, 1,264.16 in Bitcoin, 1,495.72 in Litentry, 48,969 in Fantom, 47.17 in Ethereum, and 501.41 in BUSD at the U.S. District Court for the District of Arizona.

USA v. 489,269.52 Tether: Forfeiture Application (‘$500K Romance Fraud & Crypto Laundering’)

August 28, 2023

Forfeiture Application regarding the "proceeds of a wire fraud/romance scheme, also known as 'pig butchering'" in USA v. 489,269.52 Tether on deposit in a Kraken account in the name of OSL SG Pte Ltd., described as a Singapore company established by "a United Kingdom citizen, Suzanne Jensen", at the U.S. District Court for the Eastern District of Wisconsin.

USA v. 1.36M Tether & $3.8M USD: Forfeiture Complaint (‘$7M Pig Butchering Fraud & Crypto Laundering’)

August 25, 2023

Forfeiture Complaint regarding "the theft and laundering of more than $7 million worth of cryptocurrency through a wire fraud scheme affecting multiple victims" involving "Pig Butchering" and "an investment platform called NYMEX" in USA v. 1,360,000.748 Tether and $3,859,703.65 formerly held in a Kraken cryptocurrency account at the U.S. District Court for the Northern District of California.

U.S. seizes $45M in Deltec Bank account ‘used to launder the proceeds of crypto & other scams’

July 17, 2023

The United States has seized $45 million in a U.S. bank account operated by Bahamas-based Deltec Bank & Trust that was allegedly used to launder the proceeds of crypto-based investment fraud and other scams, OffshoreAlert can reveal.

USA v. $19M in U.S. Account Belonging to Bahamas-Based Deltec Bank and Trust: Seizure Application (‘Crypto Fraud & Money Laundering Investigation’)

June 28, 2023

Application by the USA for a warrant to seize $19 million at Mitsubishi UFJ Trust and Banking Corporation in the name of Deltec Bank and Trust (Bahamas) that "represents the proceeds of wire fraud and/or is property involved in money laundering", filed at the U.S. District Court for the Eastern District of Virginia.

USA v. $58M in U.S. Account Belonging to Bahamas-Based Deltec Bank and Trust: Seizure Application (‘Crypto Fraud & Money Laundering Investigation’)

June 1, 2023

Application by the USA for a warrant to seize $58 million at Mitsubishi UFJ Trust and Banking Corporation in the name of Deltec Bank and Trust (Bahamas) that "represents the proceeds of wire fraud and/or is property involved in money laundering", filed at the U.S. District Court for the Eastern District of Virginia.

U.S. seeks forfeiture of crypto from ‘$2M Asian ‘Pig Butchering’ RiotX scam’

September 12, 2022

The U.S. has filed a forfeiture complaint against crypto that allegedly came from a $2 million investment fraud committed by three citizens or residents of Hong Kong, Myanmar, and Singapore - Wing San Tse, Zin Ko Oo, and Shen Chee Kok - against a financial advisor in California and his family via an allegedly fraudulent investment platform called RiotX using an "emerging fraud" technique known as "Pig Butchering".

USA v. 503,349.86 Tether et al: Forfeiture Complaint (‘$2M RiotX Crypto Investment Fraud’)

September 12, 2022

Forfeiture Complaint regarding "the theft of more than $2 million in cryptocurrency by Zin Ko Oo [a 30-year-old citizen of Myanmar], Wing San Tse [a 33-year-old resident of Hong Kong], Shen Chee Kok [a 34-year-old citizen of Singapore], and potentially others through a wire fraud scheme affecting multiple victims" in USA v. Approximately 503,349.86 Tether, 1,379,999 Cardano, and 163,118 Binance USD formerly held in accounts at cryptocurrency exchange Binance at the U.S. District Court for the Northern District of California.