In a co-ordinated crackdown involving the FBI, Dubai Police Department and Chinese Ministry of Public Security, 276 people were arrested and at least nine scam centers used for cryptocurrency investment fraud schemes were dismantled.
These centers targeted Americans who have suffered millions of dollars in losses from such schemes, the U.S. Department of Justice said.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.