U.S. Launches New Crypto Crime Task Force Targeting Overseas Pig Butchering Scams Following Burma Operation

The United States has established a specialized strike force to combat international "pig butchering" cryptocurrency scams after successfully disrupting a major operation in Burma. This new interagency task force will focus on investigating and prosecuting sophisticated overseas crypto fraud schemes that have victimized thousands of investors worldwide. The initiative comes as authorities intensify efforts to protect consumers from evolving financial crimes in the digital asset space. Federal agencies are coordinating to track illicit transactions and dismantle criminal networks exploiting cryptocurrency platforms for large-scale investment scams.