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Crypto scam networks targeting Americans dismantled in global sting, 270+ arrested

Crypto scam networks targeting Americans dismantled in global sting, 270+ arrested

Federal Bureau of Investigation headquarters logo is seen in Washington DC, United States on February 20, 2026, (Photo by Celal Gunes/Anadolu via Getty Images)

A sweeping international crackdown led by Dubai Police, in coordination with the FBI and Chinese authorities, has resulted in more than 270 arrests and the dismantling of multiple scam centers behind cryptocurrency investment fraud schemes that targeted and defrauded Americans of millions.

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The operation, led last week by Dubai Police under the United Arab Emirates Ministry of Interior, resulted in 275 arrests, including three individuals now facing federal wire fraud and money laundering charges in the Southern District of California….

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