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FBI Operation Targets Crypto Pig Butchering Rings, Leading To 276 Arrests
An FBI-coordinated international operation has resulted in the arrest of at least 276 individuals and the dismantlement of nine cryptocurrency scam centers tied to pig butchering fraud schemes that cost American victims millions of dollars. The U.S. Department of Justice announced the crackdown on April 29, describing it as the product of “unprecedented cooperation” between the FBI, Dubai Police Department, and the Chinese Ministry of Public Security. Dubai police arrested 275 suspects under the direction of the UAE Ministry of Interior, while the Royal Thai Police detained one additional fugitive. Federal wire ... (full story)