US, UK Unite Against Crypto Scam Centers
The US Department of Justice has announced a joint law enforcement alliance with the UK to target scam centers involved in crypto and cyber-enabled investment fraud. The agreement, 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, marks the first-of-its-kind international cooperation agreement aimed at disabling such scam centers.
Under the agreement, the agencies will conduct parallel investigations into common targets, share information on organized crime syndicates, and discuss which jurisdictions should prosecute specific cases. They have already identified overlapping cases and plan an in-person disruption operation with private-sector partners in London in early October.
The cross-border pact 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.