U.S. Targets Scam Ecosystem in Southeast Asia | Dubai News

The U.S. is launching a full-scale assault on Southeast Asian cyber scam operations, targeting not just criminals but the money, tech, and political shields that fuel them. Treasury Secretary Scott Bessent declared Washington will use financial power to dismantle networks that’ve swindled Americans of billions—linking fraud to organized crime, trafficking, and national security. In a major move, the Treasury sanctioned Xinbi Guarantee, a key scam infrastructure hub, while the Justice Department’s Scam Centre Strike Force seized its digital assets and crypto holdings. With Americans losing at least $10 billion in 2024 alone, authorities are going after the entire ecosystem: from “pig-butchering” schemes that lure victims into crypto traps, to the international gangs and crypto trails hiding stolen cash. The strategy combines sanctions, prosecutions, asset seizures, and diplomatic pressure on ASEAN nations to shut down these operations for good—because when one scam compound falls, they simply relocate, making their financial veins and political backers the ultimate targets. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9d28b651b742df9b