Global Crackdown Freezes $12M in Crypto Scam Funds

[mendez]

Authorities across the US, UK, and Canada have joined forces in Operation Atlantic, a coordinated effort targeting crypto phishing scams. Led by agencies like the National Crime Agency and supported by Binance, the operation identified over 20,000 victims and froze more than $12 million in illicit funds.

Investigators also uncovered over $45 million in stolen crypto, highlighting the масштаб of phishing-related fraud. The initiative demonstrates how cross-border collaboration and blockchain transparency can significantly improve enforcement, making it harder for cybercriminals to move and hide stolen assets.

[AIcash]

wallet permissions are something most users don’t fully understand, which makes this even more dangerous