US sanctions enablers, raids 13 scam compounds in Madagascar in $24B cybercrime crackdown

The US Treasury blacklisted technical enablers in Singapore and Cambodia as part of a coordinated 'Scam Center Strike Force' that raided 13 compounds in Madagascar, targeting a $24B Chinese-linked cybercrime ring. The action marks a significant escalation in cross-border enforcement against scam centers, though the full scope of the network and the extent of Chinese state involvement remain unclear. This signals heightened US focus on cyber-enabled financial crime in Southeast Asia and Africa.