US DoJ is ramping up criminal prosecution of crypto scams, 4 big indictments in the last few days. Reckoning is coming for many of the scammers from the last 2 years including NFT grifters

US DoJ has filed a series of criminal prosecutions against crypto scammers in the past few days and weeks. All of them are being charged with wire fraud and money laundering, including NFT rug pull scammers who believed their shitty jpeg would be a good way to scam unsuspecting investors. Wire fraud and money laundering charges can bring criminals upto 20 years imprisonment.

This is from 2 days ago, charges against 4 separate scams: https://www.justice.gov/opa/pr/justice-department-announces-enforcement-action-charging-six-individuals-cryptocurrency-fraud

The Department of Justice, together with federal law enforcement partners, today announced criminal charges against six defendants in four separate cases for their alleged involvement in cryptocurrency-related fraud, including the largest known Non-Fungible Token (NFT) scheme charged to date, a fraudulent investment fund that purportedly traded on cryptocurrency exchanges, a global Ponzi scheme involving the sale of unregistered crypto securities, and a fraudulent initial coin offering.

As law enforcement ramps up their crypto investigation departments, expect more and more such crimes to be brought to book. The "baller ape" NFT scam indictment alleges the criminals used chain-hop, onchain swaps and other onchain laundering methods to scam victims.

https://www.justice.gov/criminal-vns/case/file/1516756/download

The DOJ has set up a separate webpage for victims in crypto scams to come forward and submit victim impact statements:

All investor victims of the Baller Ape Club, EmpiresX, TBIS, and Circle Society schemes are encouraged to visit the webpage https://www.justice.gov/criminal-vns/crypto-enforcement to identify themselves as potential victims and obtain more information on their rights as victims, including the ability to submit a victim impact statement.

Earlier in March, prosecution for another NFT scam was able to denonymize usage of Tornado Cash. This investigation tracks NFT scam sale from OpenSea through Tornado cash to the criminals eventual Coinbase accounts.

https://www.justice.gov/usao-sdny/press-release/file/1486846/download

Its obvious the noose is being tightened around many of such scammers who thought they got away scamming people during the bull run. Using crypto to run your scams isnt really smart - the evidence is gonna be onchain forever. Most criminals are going to learn this lesson the hard way