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US and UK Unite Against Crypto Scams in Historic Alliance

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The US and UK have formed an unprecedented alliance to combat cryptocurrency scams, which are estimated to result in nearly $10 billion in annual American losses.

The agreement sets up parallel investigations, information sharing, jurisdictional coordination, and case prioritization between the two countries' agencies.

This joint framework is a significant step in fighting overseas crypto scam centers that have been evading justice for too long.

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