The Global Takedown: FBI and International Allies Dismantle Billion-Dollar Pig-Butchering Empires
ID: 9d2ab851-43d3-5675-a88b-2ada1b551c17
STIX ID: report--9d2ab851-43d3-5675-a88b-2ada1b551c17
Feed Name: securityonline.info
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An international law-enforcement operation led by the FBI, Dubai Police, and the Chinese Ministry of Public Security dismantled nine scam centers and arrested at least 276 people tied to large-scale "pig-butchering" cryptocurrency investment frauds targeting Americans; DOJ indictments and partner data (including Meta and IC3) underpin the investigation, and the FBI's Operation Level Up has notified nearly 9,000 victims and helped avert roughly $562 million in potential losses.
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