Florida officials just pulled off a massive recovery operation, clawing back $5.4 million in stolen cryptocurrency from a sophisticated fraud ring. The haul marks the single largest recovery in the history of the state’s Cyber Fraud Enforcement Unit (CFEU) and highlights a growing crackdown on digital thieves.
The case centered on a “pig butchering” scheme—a predatory tactic where scammers build romantic trust with victims before convincing them to dump their life savings into fake investment platforms.
The fallout reached across six Florida counties and stretched as far as Massachusetts. In a surprising twist for the victims, investigators managed to track down and seize every cent of the stolen funds…