FATF traces over $100 million in victim funds to a single scam compound’s crypto wallets

A new FATF report shows how scam compounds run like integrated criminal businesses, with virtual assets at the center of their laundering One scam compound. One cluster of crypto wallets. More than $100 million in money taken from victims. That is the most striking finding in a new report from the Financial Action Task Force (FATF). It shows how far scam operations have come from the clumsy phishing email. The report, titled Combating End-to-End Illicit Financial Flows Linked to Scam Compounds , was published on November 5, 2026. It describes scam compounds as integrated criminal enterprises.