Operation Blackout targeted West African scam networks
The Justice Department says the effort led to dozens of arrests and removal of more than 3.7 million fake accounts.
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Treasury urges banks to file cyber scam reports, noting nearly $13 billion in losses since 2023
FinCEN urged banks to report cyber scams after a study found $12.7 billion stolen from US victims of crypto investment scams since 2023.
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