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276 Arrested as Authorities Dismantle Crypto Scam Centers Targeting Americans

ID: 991f4a93-6c43-5d7e-8f2e-ee52b35a9a18

STIX ID: report--991f4a93-6c43-5d7e-8f2e-ee52b35a9a18

Feed Name: GBHackers

Threat Score
70/100

Date Published: 2026-05-04

Date Updated: 2026-07-21

Author: Divya

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**Executive summary:** International law enforcement (FBI, Dubai Police, Chinese Ministry of Public Security and partners) dismantled at least nine overseas cryptocurrency 'pig butchering' scam centers, arrested 276 individuals, unsealed federal charges against core organizers, and through FBI notifications (Operation Level Up) warned ~9,000 potential victims—efforts credited with preventing an estimated $562 million in losses while highlighting sophisticated social-engineering tactics and spoofed investment platforms used by the networks.

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