Pig Butchering

Operation First Light 2026 dismantles nine scam centers across Asia, arrests 276 suspects, and seizes $701M in assets. FBI identifies 9,000 victims.

US, UK, and Canadian law enforcement froze $12 million in stolen crypto and identified 20,000 victims of approval phishing scams in week-long crackdown.

Britain becomes the first country to sanction Xinbi, a Telegram-based crypto marketplace that processed $19.9 billion for pig butchering scams and North Korean hackers.