Source: BroBible
Summary
The FBI seized over $8 billion in cryptocurrency and arrested nearly 300 people in an international operation targeting scam compounds and crime organizations. The operation also freed nearly 2,000 trafficked workers. The FBI shut down several scam compounds, including groups in Cambodia, Dubai, and Myanmar. The U.S. Treasury imposed sanctions on the Democratic Karen Benevolent Army, an armed militia allegedly connected to the Chinese mob.
Our Reading
The routine arrives with confidence.
Cryptocurrency scams reach new heights, with $11.4 billion in reported losses in 2025. The FBI’s Internet Crime Complaint Center received over one million complaints, with investment schemes, extortion, and phishing/spoofing being the most common. Cyber criminals are evolving, using tactics like fake social media profiles, voice cloning, and AI-generated content. The FBI’s largest forfeiture in US government history is just the tip of the iceberg.
Cryptocurrency scams: because who needs actual money when you can just scam people out of it?
Author: Evan Null
