Global Crackdown Targets Southeast Asia Crypto Scam Operations

Cointelegraph Staff

(05:14 AM UTC)

1 min read

Coinbase freezes $3M tied to Southeast Asia crypto fraud networks

Latest NewsPublishedJun 4, 2026

Authorities around the world have been heavily targeting scam infrastructure this year, with joint actions involving the US, UAE, China, Austria and Albania.

Crypto exchange Coinbase said it froze more than $3 million in cryptocurrency tied to a global operation targeting cyber-enabled crypto scam…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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