Bleepingcomputer US Launches Strike Force Against Chinese Cryptocurrency Scammers
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On November 12, 2025, U.S. federal authorities announced the formation of the Scam Center Strike Force to combat large-scale cryptocurrency scams originating from China. These scams, known as 'pig butchering' and 'romance baiting,' have defrauded Americans of nearly $10 billion annually and are linked to transnational criminal networks involving cybercrime and human trafficking.
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