Police dismantles 9 crypto scam centers, arrests 276 suspects
ID: cff0a733-2214-5f53-ba3d-c73506916480
STIX ID: report--cff0a733-2214-5f53-ba3d-c73506916480
Feed Name: Bleeping Computer
Threat Score
An international law enforcement crackdown led by Dubai Police, with U.S., Chinese and other partners, arrested at least 276 suspects and dismantled nine cryptocurrency investment fraud centers that ran 'pig-butchering' romance-baiting scams; the report names several defendants, notes millions in victim losses and cites FBI data showing investment fraud losses rising to $8.6 billion in the prior year.
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