US, UK Launch Joint Crypto Scam Center Alliance
The pact expands a joint strike force as reported US crypto fraud losses rose 89% to $8.65 billion, the DOJ said.
- On Thursday, Attorney Jeanine Ferris Pirro, Crown Prosecution Service Director of Public Prosecutions Stephen Parkinson, and National Crime Agency Director General Graeme Biggar signed a memorandum targeting Chinese-linked cryptocurrency and investment fraud.
- The Justice Department estimates scam-center schemes cost the public about $10 billion annually, with cryptocurrency investment-fraud losses rising 89% from $4.57 billion in 2023 to $8.65 billion in 2025.
- Cooperation will involve parallel investigations between the United States and the United Kingdom, including a planned in-person 'disruption event' in London in early October to target digital and financial infrastructure.
- Officials have already identified overlapping cases and will jointly determine which nation should lead prosecutions, aiming to disable Chinese TOC networks that utilize human-trafficked labor to increase profits.
- FBI Director Kash Patel's broader campaign previously produced at least 276 arrests in an April operation with the United Arab Emirates, China, and Thailand, building on a March executive order from Trump.
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US, UK join forces to target crypto scam centers and investment fraud
The United States and United Kingdom have formed a joint law enforcement alliance to investigate and dismantle scam centers behind cryptocurrency investment fraud and other cyber-enabled schemes. The U.S. Department of Justice announced on Sept. 3 that the U.S. Attorney’s…
Pirro joins UK in mass crackdown on Chinese-linked scam centers
United States and British law enforcement leaders formally launched a joint crackdown on Chinese-linked scam centers during a live signing ceremony Thursday at the Washington residence of Britain’s ambassador. U.S. Attorney for the District of Columbia Jeanine Pirro appeared at the event with Crown Prosecution Service Director of Public Prosecutions Stephen Parkinson and National Crime […]
US-UK Crypto Fraud Alliance Targets 4,500+ Scam Networks With London Operation
The US and UK just made it official. A joint law enforcement alliance is now up and running, built specifically… Read the original on US-UK Alliance Launches Operation Against 4,500+ Crypto Scam Networks. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
US, UK Officials Unveil Alliance To Combat Crypto Scam Centers And Fraud
NoSmokeSport - Sports News & Latest Trending World News NoSmokeSport - Sports News & Latest Trending World News - Better Sport News US and UK authorities, including U.S. Attorney Jeanine Ferris Pirro, forge a landmark alliance to dismantle crypto scam centers and cyber-enabled investment... The post US, UK Officials Unveil Alliance to Combat Crypto Scam Centers and Fraud first appeared on NoSmokeSport - Sports News & Latest Trending World News a…
U.S. and UK authorities expand combat against cryptocurrency coupsUSA and UK close agreement against cryptocurrency coup centers and plan action in London
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