Global Crackdown Arrests 276, Shuts 9 Crypto Scam Centers, Seizes $701M

A joint international operation involving U.S. and Chinese authorities arrested at least 276 suspects and shut down nine cryptocurrency investment fraud centers. [...]

The U.S. Department of Justice (DoJ) on Wednesday announced coordinated actions aimed at an illicit online marketplace called Xinbi Guarantee that offered scam services, including

An international law enforcement action led by the U.K.'s National Crime Agency (NCA) has identified over 20,000 victims of cryptocurrency fraud across Canada, the United Kingdom,

Law enforcement agencies have arrested 5,811 suspects and seized $293 million in illicit assets in a global anti-fraud operation spanning 97 countries. [...]

Austrian and Albanian authorities dismantled a criminal ring accused of running a large-scale cryptocurrency investment fraud operation that caused estimated losses of over €50