DOJ Takes Control of Tai Chang's Cryptocurrency Fraud Website in Significant Enforcement Action

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Dec 02 2025

STRK-0.604%

MAJOR-0.3%

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DOJ Action Against Crypto Fraud: The U.S. Department of Justice seized a fraudulent cryptocurrency investment domain linked to the Tai Chang scam in Burma, as part of a broader initiative targeting Southeast Asian crypto fraud.
Scam Center Strike Force: The seizure was executed by the newly formed Scam Center Strike Force, which aims to disrupt organized crypto crime and enhance law enforcement's commitment to combating financial fraud.
Impact on Financial Crime: This action is expected to improve long-term financial stability in cryptocurrency markets by reinforcing regulations and reducing the prevalence of scams and illegal operations.
Regulatory Landscape Transformation: Experts suggest that ongoing government efforts will lead to stronger compliance measures in the crypto industry, enhancing its credibility and reducing market volatility while preventing future fraud.

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Technical Analysis for STRK

Technical Sentiment Analysis for Starknet (STRK) As of , Starknet (STRK) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for STRK stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, STRK is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Starknet (STRK) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0209	0.0309	0.0417	0.0517	0.0625	0.0725	0.0833
Fibonacci	0.0309	0.0389	0.0438	0.0517	0.0597	0.0646	0.0725

About STRK

StarkNet is a permissionless decentralized Validity-Rollup (also known as a “ZK-Rollup”). It operates as an L2 network over Ethereum, enabling any dApp to achieve unlimited scale for its computation – without compromising Ethereum’s composability and security, thanks to StarkNet’s reliance on the safest and most scalable cryptographic proof system – STARK.StarkNet Contracts and the StarkNet OS are written in Cairo – supporting the deployment and scaling of any use case, whatever the business logic.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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