Threat Intelligence Over $700M in crypto, fake investment sites seized in US clampdown on Southeast Asian scam centers April 24, 2026 Share By SC Staff (Adobe Stock) Cybernews reports that the U.S. Scam Center Strike Force has seized more than $700 million worth of cryptocurrency and over 500 fraudulent investment websites as part of a coordinated takedown operation against industrial-scale cyber scam compounds across Southeast Asia that facilitated romance scams and "pig butchering" schemes. Aside from dismantling 503 phony investment platforms that sought to lure Americans into joining illicit crypto trading schemes in exchange for high returns, officials also restrained a Telegram channel leveraged by threat actors to traffic workers in a forced labor compound in Cambodia. The latest operation has also led to the indictment of Chinese nationals Huang Xingshan, also known as Huang Xing Saan and Ah Zhe, and Jiang Wen Jie, also known as Jiang Nan, who allegedly operated a Myanmar-based scam center, where trafficked workers were physically abused and coerced to defraud Americans. Such a development comes as the U.S. State Department unveiled a $10 million bounty for any information that would help sequester illicit funds linked to the Myanmar-based Tai Chang scam center complex. SC Staff Related Threat Intelligence Cambodian senator, others hit with US sanctions over scam allegations SC Staff April 24, 2026 The U.S. Treasury Department has sanctioned Cambodian Senator Kok An, along with 28 individuals and entities, over their alleged involvement in protecting scam operations, according to Al Jazeera. Ransomware Ransomware supply chain untangled by RAMP forum leak SC Staff April 24, 2026 Security Affairs reports that prolific Russian dark web forum and ransomware network RAMP has suffered a major data leak that exposed thousands of user records, activity logs, and insights into how the cybercrime market operates. Supply chain Checkmarx supply chain hack impacts Bitwarden CLI SC Staff April 24, 2026 Bitwarden CLI was reported by Socket and JFrog researchers to have been affected by the TeamPCP-linked supply chain intrusion against Checkmarx, according to The Hacker News. Related Events Cybercast Better Threat Intelligence Between Public and Private Sectors On-Demand Event Virtual Conference Nationwide Cybersecurity Summit 2025: Safeguarding America’s Digital Future On-Demand Event Virtual Conference Securing the Future of Finance: Strategies to Counter Modern Cyber Threats On-Demand Event Get daily email updates SC Media's daily must-read of the most current and pressing daily news Business Email By clicking the Subscribe button below, you agree to SC Media Terms of Use and Privacy Policy . Subscribe Related Terms Business Email Compromise (BEC) Dictionary Attack Distributed Scans Domain Hijacking Drive-by Download Fault Line Attacks Google Hacking Hybrid Attack Morris Worm Password Cracking You can skip this ad in 5 seconds