Global Stock News

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

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

A coordinated international operation involving U.S. and Chinese authorities has arrested at least 276 suspects and shut down nine scam centers used for cryptocurrency investment fraud schemes targeting Americans, resulting in millions of dollars in losses.

The crackdown was led by the Dubai Police, under the United Arab Emirates (UAE) Ministry of Interior, in partnership with the U.S. Federal Bureau of Investigation (FBI) and the Chinese Ministry of Public Security. Among those arrested are individuals from Burma and Indonesia, who were apprehended by authorities from Dubai and Thailand.

Thet Min Nyi, 27, Wiliang Awang, 23, Andreas Chandra, 29, Lisa Mariam, 29, and two fugitive co-conspirators have been charged with federal fraud and…

Source link

Share this article

Scroll to Top