The U.S. Justice Department announced that an FBI-led operation, in collaboration with law enforcement agencies in Dubai, China, and Thailand, has successfully dismantled at least nine overseas cryptocurrency scam centers. According to NS3.AI, this operation resulted in the arrest of at least 276 individuals involved in fraudulent activities. The schemes primarily targeted American citizens by creating fake online romances or friendships, subsequently directing victims to fraudulent cryptocurrency investment platforms. The FBI's Operation Level Up has issued warnings to nearly 9,000 potential victims, helping to prevent an estimated $562 million in losses.