DOJ and FBI lead international crypto fraud crackdown

7 articles · Updated · Fox News · May 8

The operation led to at least 276 arrests, dismantled nine scam centres and involved Dubai Police, Thai authorities and Meta, with several suspects facing US wire fraud and money-laundering charges.
Investigators said the networks used “pig-butchering” tactics, building trust through romance or messaging before steering victims into fake crypto investments and draining millions of dollars.
Meta said it removed 159 million scam ads and 10.9 million linked accounts in 2025, while officials warned new networks will keep emerging despite the cross-border enforcement push.

Meta claims to fight fraud, but with billions in scam ads slipping through, can new laws force tech giants to finally protect their users?

With scam centers relocating after raids, are these crackdowns just a temporary fix for a permanent human trafficking and fraud crisis?