In a bold move to combat the escalating threat of cryptocurrency fraud, U.S. authorities have unveiled the Scam Center Strike Force, targeting Chinese organized crime rings that siphon nearly $10 billion annually from American victims. This multi-agency task force is already yielding results, with over $400 million in illicit crypto seized and international sanctions imposed on key enablers. As these scams evolve with sophisticated tactics like pig butchering, the initiative underscores the urgent need for tech-savvy defenses in the digital finance era.