FBI's Operation Blackout Dismantles Global Crypto Scam Network, Seizes $15B
- —Over $15 billion in assets and crypto seized
- —More than 500 fake investment websites shut down
- —Hundreds arrested and thousands of trafficked workers freed
- —FBI alerted over 10,000 targeted Americans, preventing $500 million in losses
Why it matters: The crackdown on Southeast Asia's scam industry could curb illicit crypto flows and ease regulatory pressure on the sector.
Source: Coin Edition