US AND UK LAUNCH CRACKDOWN ON $10B CRYPTO SCAM INDUSTRYThe U.S. and UK have launched a first-of-its-kind alliance to target global scam centers behind crypto investment fraud and other cyber-enabled scams.
The DOJ says these networks, many linked to Chinese organised crime groups operating compounds across Southeast Asia, are costing Americans around $10 billion per year. The two countries will now share intelligence, coordinate prosecutions and carry out joint disruption operations.
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