HomeDefenceGlobal Crackdown Arrests 276, Shuts 9 Crypto Scam Centers, Seizes $701M

Global Crackdown Arrests 276, Shuts 9 Crypto Scam Centers, Seizes $701M

May 4, 2026

A coordinated international operation involving U.S. and Chinese authorities has arrested at least 276 suspects and shut down nine scam centers used for cryptocurrency investment fraud schemes targeting Americans. The crackdown, led by Dubai Police under the UAE Ministry of Interior in partnership with the U.S. Federal Bureau of Investigation, resulted in the seizure of $701 million and dismantled networks responsible for substantial losses to victims.

Global Crackdown Arrests 276, Shuts 9 Crypto Scam Centers, Seizes $701M

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