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FinCEN Links $12.7B in Suspicious Activity to SE Asia Crypto Scams

Source: X Community

The U.S. Financial Crimes Enforcement Network (FinCEN) has linked $12.7 billion in suspicious activity to Southeast Asian cryptocurrency investment scams, according to a report cited by ChainCatcher. The finding highlights the scale of illicit crypto schemes in the region. This is primarily a regulatory and crypto crime issue, not directly RWA-related.

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