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China, the U.S., and UAE have reportedly carried out their first joint crackdown on crypto romance scams in Dubai.
Authorities dismantled 9 scam compounds and arrested 276 suspects.
These “pig butchering” scams have stolen billions globally through fake relationships and fake crypto investment platforms.
Governments are no longer treating crypto scams as small internet frauds anymore.
This is starting to look like an international war on organized cybercrime.
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