TREE NEWS update: The US and UK have formed a joint alliance to combat crypto scam centers, agreeing to parallel investigations and information sharing. Authorities plan a private-sector disruption operation in London in October.
US, UK launch joint alliance against crypto scam centers
This marks a rare, coordinated regulatory front between two major Western jurisdictions, signaling that crypto-related fraud is now a shared enforcement priority rather than a domestic issue. The October private-sector event suggests the focus will extend beyond arrests to disrupting the operational infrastructure of scam hubs, which could raise compliance expectations for exchanges and payment processors on both sides of the Atlantic. What remains to be seen is whether this alliance sets a template for broader international cooperation, and how aggressively the information-sharing translates into tangible actions against specific networks.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.