A Chinese scam network has been taken down by the Department of Justice. This network allegedly targeted individuals with retirement accounts.

The operation resulted in the restraint of more than $52 million in cryptocurrency. This amount is said to be tied to scam money laundering and was restrained in a single day.

Further details about the scam network and the operation are available from the source. Officials have confirmed the restraint of the cryptocurrency, but additional information about the network and its activities has not been provided here.