Tag: pig butchering
2 articles
US Disrupts Xinbi Guarantee Scam Network, Freezes $52.8 Million in Crypto
The US government has struck a major blow against a massive crypto scam network, freezing $52.8 million in cryptocurrency and dismantling a key online marketplace used to launder billions of dollars stolen from American victims. This crackdown is a huge win in the fight against pig butchering romance scams, a notorious scheme that has been draining the wallets of unsuspecting Americans.
Global Operation Disrupts Crypto Scam Centers, Arrests 276 Suspects
In a major crackdown on crypto scams, a global operation led by Dubai Police has arrested 276 suspects and shut down nine fraudulent investment centers, dealing a significant blow to scammers who thought they were safe from law enforcement. This coordinated effort with US, Chinese, and Thai authorities has brought global justice to victims of these crimes.