US and UK Team Up to Stop Crypto Scam Compounds
American and British authorities signed a new agreement to target cyber scam rings that drain billions from crypto holders.
Law enforcement agencies from the United States and the United Kingdom just signed a brand new agreement to dismantle overseas crypto scam compounds. These criminal operations cost American citizens roughly $10 billion every year through fraudulent investment schemes.
The memorandum of understanding brings together the US Attorney Office for the District of Columbia, the Crown Prosecution Service of England and Wales, and the UK National Crime Agency. These groups will now run parallel investigations, share vital intelligence, and decide which country handles specific prosecutions.
This partnership follows a sharp rise in cyber fraud losses, which reached $8.65 billion in 2025. Authorities have already started freezing millions in stolen digital assets with help from private crypto firms, and more joint operations are planned for the coming months.
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