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U.S. FBI Joins Forces with Multiple Countries to Dismantle Several “Pig Butchering” Cryptocurrency Fraud Networks, Arresting 276 Suspects

According to Fox News, the U.S. Federal Bureau of Investigation (FBI), in collaboration with law enforcement agencies in Dubai, China, and Thailand, conducted a large-scale multinational joint operation that successfully dismantled at least nine overseas cryptocurrency scam centers and arrested 276 suspects, involving millions of dollars in illicit funds. In this operation, the U.S. District Court for the Southern District of California filed federal charges of wire fraud and money laundering against six suspects. Those charged include nationals from Myanmar and Indonesia, who operated scam organizations under names such as “Sanduo Group” and “Giant Company.” Dubai police arrested 275 suspects, while the Royal Thai Police apprehended one additional fugitive. These scam networks employed the “pig-butchering” scheme—building fake friendships or romantic relationships to gain victims’ trust, then luring them into transferring funds to fraudulent cryptocurrency investment platforms, after which the proceeds were laundered and transferred to criminal accounts. This operation aligns with the executive order signed by Trump on March 6, 2026, aimed at combating overseas criminal networks that exploit U.S. citizens. The FBI’s dedicated initiative, “Operation Level Up,” has notified approximately 9,000 victims and recovered roughly $562 million in losses for U.S. citizens. The FBI urges victims to report incidents through the Internet Crime Complaint Center (IC3).

Sam Altman, co-founder of OpenAI, had his residence attacked with Molotov cocktails.

According to Fox News and NBC News, a spokesperson for OpenAI confirmed that San Francisco police arrested a suspect early Friday morning for throwing a Molotov cocktail at the residence of OpenAI’s co-founder and CEO Sam Altman, as well as for making threats outside the AI giant’s San Francisco headquarters. OpenAI stated: “Fortunately, no one was injured.” The company added: “We are deeply grateful to the San Francisco Police Department for their swift response and thank the city government for its support in ensuring the safety of our employees. The suspect has been taken into custody, and we are cooperating fully with law enforcement in their investigation.” As of now, Altman has not issued any public statement regarding this arrest. In a separate statement, the San Francisco Police Department said officers responded early Friday to a residential property in San Francisco’s North Beach neighborhood “for a fire investigation.” The suspect fled on foot, and his description was immediately disseminated to all officers. Later, the San Francisco Police Department received a report and dispatched officers to a business located at 1400 Third Street to address “an unidentified male threatening to burn down the building.” (OpenAI’s headquarters is located at 1455 Third Street.) The department stated: “Upon arriving at the scene, officers recognized the male as the same suspect involved in the earlier incident and immediately took him into custody.” The suspect is reported to be a 20-year-old man.