FinCEN has linked $13 billion in crypto scams to operations outside the US. According to the agency, much of this digital asset fraud is orchestrated by transnational crime syndicates based in compounds across Southeast Asia, with US residents as their primary targets.

What FinCEN Reported

The agency tied the $13 billion figure in crypto scam activity directly to non-US operations. Their statement highlights the cross-border nature of these digital asset schemes, which are impacting American users.

Who's Behind These Schemes?

FinCEN points the finger at transnational criminal organizations. The agency says these groups are operating out of compounds in Southeast Asia and are behind many of the crypto scams aimed at Americans.

Who’s Being Targeted—and How Big Is This?

FinCEN says these scams are going after US residents. The $13 billion estimate shows just how massive the problem is, with digital asset fraud happening outside US jurisdiction but hitting Americans hard.