The United States and United Kingdom have launched a first-of-its-kind joint law enforcement alliance to disrupt global cryptocurrency scam centers. Signed on September 3, 2026, by U.S. Attorney Jeanine Ferris Pirro and British officials, the pact targets transnational Chinese organized crime syndicates using human-trafficked labor in Southeast Asia. The alliance will share intelligence and coordinate prosecutions to combat cyber fraud, which caused reported U.S. losses to jump 89% to $8.65 billion in 2025.
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