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

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”.