Americans Lose $10 Billion a Year to Scam Compounds. The US and UK Just Teamed Up
US and UK law enforcement signed a first-of-its-kind agreement on Thursday to dismantle the overseas crypto and cyber scam compounds that strip roughly $10 billion from Americans every year. The memorandum of understanding (MoU) binds the US Attorney’s Office for the District of Columbia, the Crown Prosecution Service of England and Wales, and the National The post Americans Lose $10 Billion a Year to Scam Compounds. The US and UK Just Teamed Up appeared first on BeInCrypto.
Key Takeaways
- US and UK law enforcement signed a first-of-its-kind agreement on Thursday to dismantle the overseas crypto and cyber scam compounds that strip roughly $10 billion from Americans every year.
- The memorandum of understanding (MoU) binds the US Attorney’s Office for the District of Columbia, the Crown Prosecution Service of England and Wales, and the National The post Americans Lose $10 Billion a Year to Scam Compounds.
- The US and UK Just Teamed Up appeared first on BeInCrypto.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation

Kalshi US visits soar 1,500% as regulatory pressure mounts
Kalshi’s US web traffic climbed more than 1,500% in less than a year, while trading volume grew even faster and legal scrutiny of its sports contracts intensified.

Crypto firms urge SEC to speed ETF reviews and allow confidential draft filings
In contrast, Jane Street and Charles Schwab raised concerns over rushed ETF launches and confidential filings limiting market scrutiny.

From Bitcoin to oil, perpetual contracts are breaking into American financial markets
The regulator wants the lawsuit dismissed while operating U.S. crypto contracts and reported WTI plans test the market's perimeter. The post From Bitcoin to oil, perpetual contracts are breaking into American financial markets appeared first on CryptoSlate.