U.S. Justice Department and FBI Dismantle Nine Overseas Crypto Scam Centers

The U.S. Department of Justice said an FBI-led global enforcement operation targeting crypto pig butchering schemes led to 276 arrests and the disruption of nine crypto scam centers linked to investment fraud. The action builds on a multinational crackdown involving authorities in Dubai, China, and Thailand, reflecting the international structure of these fraud networks. The FBI has also said its Operation Level Up warned nearly 9,000 victims and helped prevent about $562 million in losses, highlighting the scale of the scams and the role of coordinated victim-alert efforts.

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