As a result of an investigation by the FBI San Diego Field Office, federal authorities have seized and shut down a web domain used to defraud Americans through cryptocurrency investment-fraud scams, officials announced Tuesday.

More than 400 San Diegans were among the victims of the Southeast Asia-based criminal enterprise, suffering an estimated cumulative loss of roughly $90 million in the 2024 fiscal year, according to the FBI.

However, federal investigators said they believe that figure to be a fraction of the total scope of losses, given that many victims do not report their losses to law enforcement.

Victims of the scams — a type that fraudsters refer to as "pig butchering" — reported to the FBI that tickmilleas.com showed supposed lucrative returns on what they believed to be the

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