{
  "id": 5625319,
  "title": "FinCEN ties $13B in crypto scams to non-US operations",
  "url": "https://urgent.news/2026/09/04/fincen-ties-13b-in-crypto-scams-to-non-us-operations",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-04T19:22:26.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/fincen-crypto-overseas-scam-centers-analysis"
  },
  "original_language": "en",
  "account": "The Financial Crimes Enforcement Network (FinCEN) has identified $13 billion in crypto scams targeting US residents, with transnational criminal organizations in Southeast Asia largely responsible. The analysis, spanning reports filed from September 2023 to December 2025, revealed digital asset-based scams including pig butchering, romance scams, and cryptocurrency confidence schemes. Gene Lange, serving as Under Secretary for Terrorism and Financial Intelligence, stated that digital asset investment scams pose a significant fraud threat to Americans. Lawmakers in affected countries, such as Myanmar and Cambodia, are working to combat the \"scam centers\" with proposed legislation that could include severe penalties.",
  "summary": "The agency reported that “transnational criminal organizations” based in compounds in Southeast Asia were largely behind digital asset scams targeting US residents.",
  "key_points": [
    "$13 billion in crypto scams target US residents",
    "Southeast Asian criminal organizations responsible",
    "Lawmakers propose severe penalties to combat scams"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}