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Global Crackdown Arrests 276, Shuts 9 Crypto Scam Centers, Seizes $701M

The Hacker NewsMay 4, 2026

Global Crackdown Arrests 276, Shuts 9 Crypto Scam Centers, Seizes $701M

A coordinated international operation involving U.S. and Chinese authorities has arrested at least 276 suspects and shut down nine scam centers used for cryptocurrency investment fraud schemes targeting Americans, resulting in millions of dollars in losses.
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