"China's Massive Crackdown: 31,000 Suspects Arrested in Pig-Butchering Sweep"

TL;DR Summary
China has rounded up 31,000 suspects in a sweeping crackdown on cybercrime syndicates operating from neighboring countries. The scammers, known as "pig-butchers," gain victims' trust online, convince them to transfer large sums of money, and then abscond with the funds. Many suspects were apprehended in raids in Myanmar, targeting territories controlled by rebel armies, warlords, and narcotics traffickers.
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Read on The Wall Street Journal