At least 276 people were arrested, and 9 cryptocurrency scam centers were dismantled after a coordinated international effort.
This campaign was the result of cooperation between the FBI, Dubai Police, and the Chinese Ministry of Public Security.
Authorities charge six people in global cryptocurrency demonetisation ‘pig slaughter’
According to the official statement, Dubai Police arrested 275 suspects. The Royal Thai Police arrested an additional accused.
Furthermore, federal prosecutors charged six defendants with federal fraud and money laundering. The six defendants allegedly managed, worked or recruited companies operating in this field Ran a scam Centers.
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These complexes preyed on American victims, who collectively lost millions of dollars to such schemes. All six defendants are accused of organizing a cryptocurrency investment scam commonly referred to as “pig slaughter.”
A pig slaughter scam is a scam in which criminals build a fake romantic or friendly relationship online over a period of weeks or months. They then lure victims into investing in cryptocurrencies or fraudulent trading platforms, and then take everything away.
US Attorney Adam Gordon called the operation a turning point in cross-border fraud enforcement.
He added: “These fraudsters thought they were safe in a place far away from the world. But their world has changed. Global crime now faces global justice.” He said.
These arrests come on the heels of a large-scale campaign by the United States against cryptocurrency investment fraud networks. last week, The authorities seized more than one $700 Million in Cryptocurrency Wire fraud conspiracy charges have been filed against Chinese nationals accused of running fraudulent pools.
In a separate case, U.S. District Judge He was sentenced to A A man served 23 years in federal prison for running the Meta 1 Coin scheme. Saipan woman He received 71 monthsThe sentence is to demonstrateBitcoin heiress in another fraud case.
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