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FinCEN Ties $12.7B to Crypto Scams Run From Asian Compounds - Decrypt

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FinCEN identifies $12.7 billion in crypto transactions tied to overseas scam centers

The Financial Crimes Enforcement Network analyzed 33,904 suspicious activity reports and identified $12.7 billion in crypto transactions linked to pig butchering and other scams operated from Asian compounds.

Sep 4, 2026·4 sourcesCrypto privacy & surveillanceCrypto regulationPig butchering scamAnti-money laundering (AML)Crypto hacksCryptocurrency fraud
FinCEN identifies $12.7 billion in crypto transactions tied to overseas scam centers
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Other sources for this story

Cryptopolitan

FinCEN ties $12.7 billion in crypto scam flows to overseas fraud rings - Cryptopolitan

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FinCEN links $12.7B to crypto scams run from Asian compounds

Cointelegraph

FinCEN Ties $13B in Crypto Scams to Non-US Operations