The United States and the United Kingdom have formed a historic law enforcement alliance to jointly combat crypto and cyber-enabled investment fraud scam centers. The US Department of Justice, the Crown Prosecution Service, and the UK National Crime Agency signed a memorandum of understanding providing for parallel investigations, information sharing, and joint disruption operations in London in October. US losses from crypto investment fraud surged 89%, rising from $4.57 billion in 2023 to $8.65 billion in 2025, according to the FBI. A major international operation also led to 276 arrests and the closure of at least nine crypto scam centers in Dubai.
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