Vietnamese man charged in $16 million pig butchering crypto scam

37-year-old Trung Nguyen Van was charged with money laundering for his role in a pig butchering scheme that defrauded a victim of about $16 million in cryptocurrency via a fake platform called Triangle. His wallets received over $53 million between 2018 and 2024, including at least $24 million tied to known scam operations.

• Victim transferred about $16 million in crypto between June and August 2024
• Van's wallets received $53.3 million from February 2018 to December 2024
• DOJ linked at least $24 million to known pig butchering schemes
• Van was arrested at Los Angeles airport on September 24 before a flight to Taiwan