The U.S. Department of Justice and the Federal Bureau of Investigation (FBI) have seized $6 million worth of cryptocurrency from Southeast Asian fraudsters who were running an investment scam. The fraudsters targeted U.S. residents, using a fake cryptocurrency platform to swindle millions of dollars from victims. The FBI "traced the victims' funds through the blockchain and identified several wallet addresses that held over $6 million belonging to the victims," the agency said. The FBI's seizure of the cryptocurrency is a significant victory in the fight against online fraud. It shows that law enforcement is using blockchain tracing technology to track down and seize the proceeds of crime.