The US FBI, in collaboration with multiple countries, has dismantled several "pig butchering" cryptocurrency scam networks, involving amounts totaling millions of dollars

According to Fox News, the Federal Bureau of Investigation (FBI) has collaborated with law enforcement agencies in Dubai, China, and Thailand to conduct a large-scale multinational joint law enforcement operation, successfully dismantling at least 9 overseas cryptocurrency scam centers, resulting in the arrest of 276 suspects, with the amount involved reaching millions of dollars.

In this operation, the U.S. District Court in San Diego has filed federal telecommunications fraud and money laundering charges against 6 suspects, including individuals from Myanmar and Indonesia, whose scam organizations operated under names such as "Sanduo Group" and "Giant Company." Dubai police arrested 275 suspects, while the Royal Thai Police separately apprehended 1 fugitive.

The aforementioned scam network employed a "pig butchering" technique, gaining the trust of victims through fabricated friendships or romantic relationships, luring them to transfer funds to fake cryptocurrency investment platforms, and then laundering the money and transferring it to criminal accounts.

This operation aligns with the executive order signed by Trump on March 6, 2026, aimed at combating overseas criminal networks that exploit U.S. citizens. The FBI's "Operation Level Up" has notified approximately 9,000 victims, recovering about $562 million in losses for U.S. citizens. The FBI urges victims to report through the Internet Crime Complaint Center (IC3).