US Charges Man After Crypto Scam Wallets Received More Than $53M
U.S. prosecutors charged Vietnamese national Trung Nguyen Van, 37, with two money-laundering counts in connection with a cryptocurrency fraud network tied to “pig butchering” scams. The case stems from a victim who was persuaded to invest through a fake crypto platform called Triangle and allegedly sent about $16 million in summer 2024 before being unable to withdraw funds. Investigators linked the recipient wallets to other suspicious accounts and additional victim reports. Authorities say wallets controlled by Van received about $53.3 million in crypto from wire-fraud-related schemes and moved roughly $53.2 million onward, indicating laundering activity. The FBI investigated the case. The charges are allegations only, and Van is presumed innocent unless proven guilty.
