JOINT US-CHINA OPERATION BUSTS 9 CRYPTO SCAM CENTERS

INDUSTRY DESK■ 1 MIN READ

THU, APR 30, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

International authorities dismantled nine cryptocurrency investment fraud operations and arrested 276 suspects in a coordinated crackdown. The operation involved U.S. and Chinese law enforcement agencies targeting organized crypto scams.

The joint operation represents a significant enforcement action against organized cryptocurrency fraud networks. Authorities shut down nine dedicated scam centers that operated investment schemes targeting victims across multiple jurisdictions. The 276 arrests mark a substantial blow to cryptocurrency-related criminal enterprises. These operations typically involved fake investment platforms, fraudulent returns promises, and theft of deposits from unsuspecting investors. Crypto fraud remains a persistent challenge for law enforcement globally. Scammers exploit the pseudonymous nature of blockchain transactions and regulatory gaps to operate investment schemes with minimal oversight. The international coordination between U.S. and Chinese authorities demonstrates increased cooperation on financial crime investigation. Both nations face significant losses from cryptocurrency fraud, with victims collectively losing billions annually. Investigations into the seized operations are ongoing to identify additional suspects and recover stolen funds.

■ SOURCES

► Bleeping Computer

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

■ MORE FROM THE SECURITY DESK

P650CYBER-ATTACK BREACHES THOUSANDS OF PATIENT RECORDS IN AUSTRALIA

Partnered Health, one of Australia's largest healthcare providers, has disclosed a cyber-attack affecting 21 clinics across Sydney, Melbourne, and Canberra. Personal information and medical records were compromised in the breach.

JUST NOW— Security Desk

P648AI SYSTEM AUTOMATICALLY DISCOVERS ZERO-DAY VULNERABILITIES

Security firm Intruder has developed an AI-powered system that automatically identifies previously unknown software vulnerabilities by combining code analysis with large language models. The tool already discovered and exploited a WordPress plugin zero-day.

JUST NOW— AI Desk

P624US CHARGES THREE RUSSIANS FOR BULLETPROOF HOSTING

U.S. federal prosecutors have unsealed charges against three Russian nationals accused of operating a bulletproof hosting service that supported ransomware gangs responsible for over $62 million in damages worldwide.

6H AGO— Industry Desk

P620CISA ALERTS: SHAREPOINT FLAWS UNDER ACTIVE ATTACK

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) warned that attackers are actively exploiting three vulnerabilities in Internet-exposed on-premises SharePoint Server instances. Organizations running affected versions must patch immediately.

6H AGO— Security Desk

◄ BACK TO NEWS

JOINT US-CHINA OPERATION BUSTS 9 CRYPTO SCAM CENTERS

■ MORE FROM THE SECURITY DESK

■ SUBSCRIBE TO THE DAILY BRIEF