A coordinated effort to target international cryptocurrency scammers resulted in about 276 people being arrested, the U.S. Department of Justice (DOJ) announced April 29.
The agency said the Federal Bureau of Investigation (FBI), the Dubai Police Department, and the Chinese Ministry of Public Security joined forces to nab the suspects.
Authorities also dismantled at least nine scam centers that were allegedly being used for cryptocurrency investment fraud schemes, the DOJ said, adding those centers were bleeding Americans for millions of dollars.
Three of the defendants were charged in the Southern District of California with federal wire fraud…
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