US and UK Unite Against Crypto Scam Centers
The US and UK have formed a joint law enforcement alliance to tackle crypto scam centers. The partnership, announced by the US Department of Justice, aims to disable such centers through parallel investigations and information sharing.
The agreement comes as reported US losses from crypto investment fraud continue to climb. Losses reported to the FBI's Internet Crime Complaint Center rose 89% from $4.57 billion in 2023 to $8.65 billion in 2025, according to the DOJ.
The cross-border pact expands the Scam Center Strike Force, which US Attorney Jeanine Ferris Pirro launched in November 2025 to target Chinese organized crime networks operating scam centers primarily in Southeast Asia. The task force includes the FBI, US Secret Service, Internal Revenue Service Criminal Investigation, Homeland Security Investigations, and Justice Department offices.