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👮 Authorities from China, the United States, and the United Arab Emirates have reportedly carried out their first joint crackdown on crypto romance scams in Dubai. According to Xinhua News Agency, the coordinated operation targeted telecom and online fraud networks linked to so-called “pig-butchering” scams. Authorities said they dismantled 9 scam compounds and arrested 276 suspects. Investigators explained that the scammers allegedly built fake romantic relationships with victims through social media and messaging apps before convincing them to invest in fraudulent high-return crypto schemes. Cases like these are especially painful because they often exploit both people’s finances and emotions at the same time. The operation also highlights how international authorities are increasingly working together as crypto-related scams continue crossing borders and affecting victims worldwide. #regulation

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