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BTC $81,411.16 +1.38%
ETH $2,372.21 +0.41%
BNB $633.44 +1.36%
XRP $1.42 +1.49%
SOL $86.85 +2.95%
TRX $0.3438 +0.86%
DOGE $0.1147 +3.29%
ADA $0.2624 +4.68%
BCH $461.71 +4.06%
LINK $9.82 +4.32%
HYPE $43.97 +4.50%
AAVE $94.10 +1.31%
SUI $0.9819 +5.37%
XLM $0.1615 +2.12%
ZEC $516.22 +20.43%

collaboration

The US FBI, in collaboration with multiple countries, has dismantled several "pig butchering" cryptocurrency scam networks, involving amounts totaling millions of dollars

According to Fox News, the Federal Bureau of Investigation (FBI) has collaborated with law enforcement agencies in Dubai, China, and Thailand to conduct a large-scale multinational joint law enforcement operation, successfully dismantling at least 9 overseas cryptocurrency scam centers, resulting in the arrest of 276 suspects, with the amount involved reaching millions of dollars.In this operation, the U.S. District Court in San Diego has filed federal telecommunications fraud and money laundering charges against 6 suspects, including individuals from Myanmar and Indonesia, whose scam organizations operated under names such as "Sanduo Group" and "Giant Company." Dubai police arrested 275 suspects, while the Royal Thai Police separately apprehended 1 fugitive.The aforementioned scam network employed a "pig butchering" technique, gaining the trust of victims through fabricated friendships or romantic relationships, luring them to transfer funds to fake cryptocurrency investment platforms, and then laundering the money and transferring it to criminal accounts.This operation aligns with the executive order signed by Trump on March 6, 2026, aimed at combating overseas criminal networks that exploit U.S. citizens. The FBI's "Operation Level Up" has notified approximately 9,000 victims, recovering about $562 million in losses for U.S. citizens. The FBI urges victims to report through the Internet Crime Complaint Center (IC3).

ZachXBT exposes social media account collaborations promoting cryptocurrency scam projects, with the scale of involvement reaching hundreds of thousands of dollars

On-chain detective ZachXBT disclosed today that a collaborative network consisting of at least 10 accounts is generating traffic on social platform X by creating panic-inducing content related to wars and ultimately directing it to cryptocurrency scam projects.This network acquires accounts with an existing follower base, frequently posts sensational "apocalyptic" content, and amplifies dissemination by having multiple secondary accounts retweet each other, quickly gaining millions of views and significant interactions. Investigations show that these accounts also utilize AI to generate fake personas, such as fabricating an "Asian version of Mario Nawfal" to enhance credibility. After gaining traffic, the relevant accounts promote fake airdrop events or cryptocurrency project scams, including a concentrated promotion of a pump-and-dump project named ORAMAMA on February 22, 2026, which is then no longer mentioned.On-chain data indicates that this operation has brought six-figure profits to the team behind it. Meanwhile, many genuine large accounts inadvertently engage in interactions through comments and retweets, further amplifying the content dissemination effect. ZachXBT warns that this combination model of "traffic farms + AI content + cryptocurrency scams" has become highly mature and is easily replicable. If similar mechanisms are exploited by higher-level organizations, their potential impact will far exceed the realm of financial fraud and may even evolve into a tool for public opinion manipulation.ZachXBT calls for platforms to strengthen regulation, implementing bans and legal accountability for such manipulative behaviors. He also advises users to carefully verify account histories and information sources before engaging in interactions to combat the increasingly rampant phenomenon of false content and "interaction bait."

Gate announces the launch of its 13th anniversary global celebration, deepening global connections and industry collaboration

Gate announces the launch of its 13th anniversary global celebration, focusing on the theme "Your Gateway to iWeb3." Through in-depth dialogues with the founder and high-level global interactions, it aims to review its development and look ahead to industry trends with users and partners.As one of the early builders in the crypto industry, Gate has surpassed 50 million registered users and supports trading of over 4,500 assets, with spot and contract trading volumes ranking among the industry's leaders. The platform is accelerating its layout in AI and multi-asset financial systems, launching a TradFi trading area that introduces tokenized assets such as stocks, metals, indices, foreign exchange, and commodities. On the other hand, the platform is comprehensively enhancing its intelligent capabilities around infrastructures and applications like GateAI, Gate for AI, GateRouter, and GateClaw.On the occasion of its 13th anniversary, Gate will launch a series of online and offline interactive activities. The founder and CEO will engage in in-depth dialogues through live broadcasts, communicating industry trends and platform strategies with global users. At the same time, Gate will host a series of high-end global exchange activities, showcasing at Paris Blockchain Week, Hong Kong Web3 Carnival, and holding a brand 13th anniversary themed dinner in Hong Kong to further strengthen global connections.
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