FBI, crypto scams and Operation Level Up

FBI Saves Investors from Crypto Con, Operation Level Up Thwarts $285 Million in Scams Nationwide
The FBI announced Operation Level Up, which has educated and prevented fraud for over 4,300 potential victims.
FBI initiative saves thousands from crypto scams, recovers $285 million
The Federal Bureau of Investigation (FBI) has announced a new anti-scam initiative, Operation Level Up, stating that it has saved around $285 million for potential victims. The agency disclosed this in a press release on February 13 while acknowledging the prevalence of this type of scam.
‘Operation Level-Up’: FBI Says Agency Initiative Has Helped 4,300 Victims Save $285,000,000 From Crypto Schemes
Pig butchering is a fraudulent crypto scheme where bad actors build relationships and gain the trust of their victims to later encourage them to buy into fake investment opportunities. The FBI says that an initiative called “Operation Level-Up” aims to save victims from losing their money by using sophisticated techniques to identify people who are actively being defrauded.
FBI Is Calling Crypto Scam Victims in Bid to Stop Further Financial Loss
To avoid tipping off the scammers, the FBI didn't reveal too many details about how it identifies victims. But in general, it's keeping an eye on where fraud proceeds are going.
FBI launches new program to help curb Crypto scams
She said crypto scams have become more popular because of how difficult the money is to trace. “In crypto trans
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Trump FBI pick Kash Patel clears Senate panel, headed for confirmation vote
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FBI helping in search for missing Colorado college student
On Thursday, the University of Colorado (CU) shared photos of Megan Trussell and said they are working with local and ...
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FBI Says 'Operation Level Up' Stopped Crypto Fraud Victims From Losing $285 Million
The Federal Bureau of Investigations claims its Operation Level Up has stopped victims from losing $285 Million to crypto ...