FBI Targets Crypto Scammers as Fraud Schemes Move Beyond Online Payments
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On June 19, 2026 FBI Director Kash Patel warned crypto fraudsters the bureau will identify and prosecute those exploiting Americans and promoted Operation Level Up to spot victims of cryptocurrency investment scams before they transfer more money. The FBI said scams often start with unsolicited messages or social media contact and use fake platforms showing fabricated returns to coax larger deposits, underscoring security risks for crypto, DeFi, DEX and CEX users and signaling stronger law enforcement oversight.
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- Kash Patel said the FBI will pursue crypto fraudsters targeting Americans.
- Investment scams often begin through unsolicited messages or social media contact.
- Fraudsters may use fake platforms to display fabricated returns and encourage larger deposits.
FBI Director Kash Patel has issued a direct warning to cryptocurrency fraudsters, saying the bureau will identify those exploiting Americans and bring them to justice.
Crypto Fraudsters have been scamming and taking advantage of the America people for too long.
— FBI Director Kash Patel (@FBIDirectorKash) June 19, 2026
No more! This FBI will find you, and we will bring you to justice!
-DKPpic.twitter.com/qfJU9hCKnn
Notably, his statement accompanied a video promoting Operation Level Up, an FBI initiative designed to identify people caught in cryptocurrency investment scams before they transfer more money. The mes…
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