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US, UK Launch Alliance to Target Crypto Scam Centers

Created at 4 Sep · 4:40 AM1 source↑ Market-relevant
IN SHORT

The United States and United Kingdom have established a joint law enforcement alliance to dismantle cryptocurrency scam centers. The agreement facilitates parallel investigations and information sharing, with a planned private-sector disruption operation in London in October.

Key Numbers

89%increase in US crypto fraud losses from 2023 to 2025
$8.65 billionUS reported losses from crypto investment fraud in 2025
$4.57 billionUS reported losses from crypto investment fraud in 2023
276arrests in a previous Dubai police-led operation
9crypto scam centers closed in the Dubai operation

Who's Involved

US Department of Justice
Announced the joint law enforcement alliance
US Attorney’s Office for the District of Columbia
Signed the memorandum of understanding
Crown Prosecution Service of England and Wales
Signed the memorandum of understanding
UK National Crime Agency
Signed the memorandum of understanding
Jeanine Ferris Pirro
US Attorney who launched the Scam Center Strike Force
FBI
Participates in the Scam Center Strike Force
US Secret Service
Participates in the Scam Center Strike Force
Internal Revenue Service Criminal Investigation
Participates in the Scam Center Strike Force
Homeland Security Investigations
Participates in the Scam Center Strike Force
China’s Ministry of Public Security
Collaborated on a previous Dubai operation

↳ Why This Matters

This alliance signifies a coordinated international effort to combat the growing problem of crypto-related fraud, which has resulted in billions of dollars in losses for victims. It highlights the increasing focus on disrupting organized crime networks operating these scam centers and aims to improve recovery of victim funds.

Key facts

  • The US and UK have formed a joint law enforcement alliance targeting crypto scam centers.
  • The agreement includes parallel investigations and information sharing between US and UK authorities.
  • A private-sector disruption operation is planned for London in early October.
  • US losses from crypto investment fraud reported to the FBI's Internet Crime Complaint Center increased by 89% between 2023 and 2025.
  • The alliance expands the US Scam Center Strike Force, which targets Chinese organized crime networks.

The United States and the United Kingdom have established a new joint law enforcement alliance aimed at dismantling cryptocurrency scam centers and combating cyber-enabled investment fraud. This initiative, described by the US Department of Justice as a "first-of-its-kind" international cooperation agreement, was formalized through a memorandum of understanding signed by the US Attorney’s Office for the District of Columbia, the Crown Prosecution Service of England and Wales, and the UK National Crime Agency.

The alliance will enable parallel investigations into common targets, facilitate the sharing of information regarding organized crime syndicates involved in these scams, and allow for discussions on which jurisdictions should prosecute specific cases. Authorities have already identified overlapping cases and are preparing for an in-person disruption operation with private-sector partners in London scheduled for early October.

This cross-border pact arrives as reported losses from crypto investment fraud in the US continue to escalate. According to the DOJ, losses reported to the FBI’s Internet Crime Complaint Center surged by 89%, from $4.57 billion in 2023 to $8.65 billion in 2025.

The new agreement also serves to expand the Scam Center Strike Force, an initiative launched in November 2025 by US Attorney Jeanine Ferris Pirro. This task force specifically targets Chinese organized crime networks that operate scam centers, predominantly located in Southeast Asia. These operations frequently involve crypto investment fraud and are often associated with human trafficking and money laundering activities.

Previous international efforts have seen coordinated raids against similar operations. In late April, a Dubai police-led operation, involving the FBI and China’s Ministry of Public Security, led to 276 arrests and the closure of at least nine crypto scam centers. Six individuals were charged in connection with schemes allegedly using fraudulent crypto investment platforms to solicit funds from victims.

Governments in Southeast Asia are also implementing stricter domestic measures. In mid-May, Myanmar’s military government introduced draft legislation proposing sentences ranging from 10 years to life imprisonment for digital currency fraud, with the possibility of the death penalty if individuals coerced into working at scam centers were harmed or killed. The Parliament approved the bill on July 28, though presidential assent was pending.

Frequently asked questions

The alliance aims to dismantle cryptocurrency scam centers and combat cyber-enabled investment fraud by fostering international cooperation between law enforcement agencies.

The agencies will conduct parallel investigations, share information on organized crime syndicates, and discuss prosecution jurisdictions for common targets.

Reported US losses from crypto investment fraud increased by 89%, rising from $4.57 billion in 2023 to $8.65 billion in 2025, according to the FBI's Internet Crime Complaint Center.

It is a US task force targeting Chinese organized crime networks operating scam centers, often linked to human trafficking and money laundering, primarily in Southeast Asia.

What Happens Next

01A private-sector disruption operation is planned for London in early October.

How It Developed

The US and UK signed a memorandum of understanding to form a joint law enforcement alliance.
The alliance aims to target crypto and cyber-enabled investment fraud scam centers.
Agencies will conduct parallel investigations, share information on crime syndicates, and discuss prosecution jurisdictions.
Authorities plan an in-person disruption operation with private-sector partners in London in early October.
US losses from crypto investment fraud reported to the FBI's Internet Crime Complaint Center rose 89% from 2023 to 2025.
The agreement expands the US Scam Center Strike Force, which targets Chinese organized crime networks in Southeast Asia.
These schemes are often linked to human trafficking and money laundering.
International authorities previously coordinated a Dubai police-led operation resulting in 276 arrests and the closure of nine crypto scam centers.

Sources

T1
US, UK launch joint alliance targeting crypto scam centersThe agreement includes parallel investigations and information sharing, with US and UK authorities planning a private-sector disruption operation in London in October.Cointelegraph

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