The U.S. Department of Justice has announced the creation of the Scam Center Strike Force — a coordinated federal initiative aimed at dismantling transnational criminal networks behind industrial-scale cryptocurrency investment scams.

These networks are responsible for billions in losses worldwide and are often tied to pig-butchering operations that combine financial fraud, cyber exploitation, and human trafficking. The Strike Force integrates the full power of the DOJ, Treasury, OFAC, FinCEN, FBI, Secret Service, Postal Inspection Service, and Homeland Security Investigations to trace illicit flows, freeze wallets, and dismantle organized scam hubs across Southeast Asia and beyond.

OFAC simultaneously announced sanctions against the Democratic Karen Benevolent Army (DKBA) and several of its senior leaders for operating and protecting scam compounds in Myanmar that targeted Americans through fraudulent crypto investment platforms.

This unified response signals a turning point in global crypto enforcement, treating crypto fraud not as an isolated cybercrime, but as a global criminal economy that demands systemic disruption. Click here to read the full article!