Federal law enforcement has confiscated more than $1.2 million tied to a “wrong number” cryptocurrency investment scam that used misleading text messages to steer Americans into fraudulent crypto activity. Agents say the funds seized exceed $1.2 million, but officials did not disclose identities of suspects or granular operational details.

Victims received deceptive SMS communications framed as errant or “wrong number” messages that, according to reporting, were intended to prompt engagement and lead recipients toward bogus investment opportunities. While authorities have not released specifics on platforms or transaction chains used in this instance, the pattern—social-engineering via mobile messaging—fits a broader class of scams that exploit trust and immediacy to move fiat and crypto rapidly across accounts.

The seizure serves as a concrete enforcement action in a sustained push to combat crypto-related fraud. Asset forfeiture at this scale has dual effects: it directly disrupts criminal cash flows and signals to fraud networks that proceeds are traceable and recoverable when investigators follow on-chain and off-chain leads. For market participants, such actions reinforce that regulatory and law-enforcement tools are being applied to digital-asset vectors previously perceived as low-risk for intervention.

Practical takeaways for holders and potential investors: verify unexpected investment prompts, avoid engaging with unsolicited links or offers, and use custodial services or platforms with clear compliance and recovery practices. No details were provided about the suspects or the specific technical methods used in this investigation. Source: https://www.kctv5.com/video/2025/12/19/federal-agents-seize-12-million-wrong-number-cryptocurrency-scam/