The United States Establishes "Scam Task Force" Targeting Southeast Asia Piggybacking Networks
November 13th. The U.S. Department of the Treasury, along with the Department of Justice and other agencies, announced the establishment of the Scam Center Strike Force, which is led by the U.S. Attorney's Office for the District of Columbia. This task force will cooperate with the DOJ, the Treasury Department, the State Department, and multiple agencies to combat "rug pull" scams carried out through cryptocurrency transactions. It will focus on cross-border networks in Myanmar, Cambodia, Laos, the Philippines, and other regions. Before this, the U.S. authorities carried out a joint operation targeting the Cambodian Prince Group and seized 127,271 BTC.
Good move by the US—scams like these prey on folks chasing quick wins without the discipline of real investing. Stay vigilant, build your knowledge, and focus on long-term habits over hype. Solid protection for the grinders out there