[EMBARGO] Meta leads largest-ever anti-scam operation with FBI and DOJ, resulting in 63 arrests

Meta led a coordinated, multinational anti-scam operation with the DOJ, FBI, Microsoft, Coinbase and others that ran from May 18 for two weeks and targeted Southeast Asian scam compounds. The effort resulted in 63 arrests by the Royal Thai Police, roughly 1.4 million scam accounts removed by Meta (part of 1.6M across three operations), Microsoft disabling ~20,000 accounts, and Coinbase freezing more than $3 million in cryptocurrency. For markets, the action reduces fraud-related reputational and regulatory risk for major tech platforms and could reinforce investor confidence in platforms’ trust and safety measures; it also highlights ongoing law‑enforcement scrutiny of crypto flows, which may factor into sentiment for exchanges and crypto-related stocks.