US, China partner on scam center takedown in Dubai

U.S. and Chinese law enforcement coordinated raids on at least nine scam centers in Dubai tied to large-scale cryptocurrency "pig-butchering" investment fraud, resulting in 276 arrests and federal charges against multiple organizers; authorities traced the schemes using social media, financial and cryptocurrency records. The report highlights links to human trafficking, alleged control by Chinese gangs across Southeast Asia, and the DOJ-led Scam Center Strike Force's broader effort to disrupt scams that reportedly siphoned $16 billion from Americans last year.