US-UK Launch Joint Alliance to Target Crypto Scam Operations
Scammers running crypto-related “investment” fraud operations are increasingly the target of coordinated international policing, with the United States and the United Kingdom announcing a new cross-border law enforcement partnership designed to disrupt organized scam centers. On Thursday, the US Department of Justice (DOJ) said the US Attorney’s Office for the District of Columbia, the Crown Prosecution Service for England and Wales, and the UK National Crime Agency signed a memorandum of understanding to enable “first-of-its-kind” cooperation against scam centers involved in crypto and cyber-enabled investment fraud. The DOJ also linked the effort to a growing volume of losses attributed to these crimes, citing FBI Internet Crime Complaint Center reporting.