US-UK MOU Creates First Framework for Crypto Scam Center Probes
US Attorney Jeanine Ferris Pirro announces MOU with UK Crown Prosecution Service and National Crime Agency targeting Southeast Asia crypto investment fraud compounds.
US Attorney Jeanine Ferris Pirro's Scam Center Strike Force signed a memorandum of understanding with the UK Crown Prosecution Service and National Crime Agency.
The agreement establishes the first international cooperation framework focused on Southeast Asia-based crypto investment scam compounds operated by Chinese transnational organized crime groups that use human-trafficked labor.
Scope of the agreement
Under the MOU the agencies will run parallel investigations, share intelligence on targets, and coordinate prosecutions.
The task force, launched in November 2025, addresses crypto investment scams and cyber-enabled fraud that cost Americans an estimated $10 billion annually.
What remains unknown
Exact operational scope, staffing levels, and budget for the joint effort remain undisclosed.
No breakdown is available on how much of the $10 billion annual figure stems from crypto-specific schemes versus other fraud types.