Altcoins News
By James Thorp
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Losses Hit $8.65 Billion in 2025. Crypto investment fraud losses reported to the FBI's Internet Crime Complaint Center jumped 89% to…
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Dubai Raid, Myanmar Laws, and a Wider Push. The new US-UK alliance didn't emerge in a vacuum. Coordinated international raids have already…
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London as the Next Battleground. The London operation is probably the most concrete near-term signal of where this alliance is…
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The US and UK just made it official. A joint law enforcement alliance is now up and running, built specifically to tear apart crypto scam centers and the organized crime networks…
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On Thursday, the US Department of Justice revealed the deal: the US Attorney's Office for the District of Columbia, the Crown Prosecution Service of England and Wales, and the UK…
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Crypto investment fraud losses reported to the FBI's Internet Crime Complaint Center jumped 89% to $8.65 billion in 2025, up from $4.57 billion in 2023.
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The alliance builds directly on the Scam Center Strike Force, which US Attorney Jeanine Ferris Pirro launched in November 2025.
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More context: Thailand’s SEC Imposes Strict KYC Rules on P2P Crypto Transfers and Wallets
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Southeast Asia remains the epicenter of the problem. Scam centers in the region are often tied to broader criminal enterprises — human trafficking, money laundering, forced labor.
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Myanmar is moving too, though it's murky. The country's military government put forward draft legislation targeting digital currency fraud, with proposed sentences ranging from…
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That gap matters. Without confirmed presidential assent, enforcement stays unclear. And unclear enforcement is basically an open door for fraud networks to keep operating while…
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The DOJ's framing of the alliance as a "groundbreaking" memorandum of understanding is worth taking with some skepticism — governments call a lot of things groundbreaking.
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Read also: Thailands New Travel Rule Forces Crypto Operators to Verify Self-Custodial Wallets
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What's still unclear is how many overlapping cases the two countries have already identified. The DOJ said they've "pinpointed" them but didn't release numbers.
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The London operation in early October will be the first real test of whether the memorandum translates into actual results.
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