UK, US, and Canada Joint Operation Freezes $12 Million in Crypto Scam Funds
Svmuu News According to a recent development in the multinational law enforcement operation "Operation Atlantic" led by the UK, law enforcement agencies from the United States, the United Kingdom, and Canada have jointly frozen over $12 million in funds linked to cryptocurrency scams and identified more than 20,000 victims. The operation, which began in March this year, was spearheaded by the UK's National Crime Agency (NCA) in collaboration with the US Secret Service, the Ontario Provincial Police, and the Ontario Securities Commission. It focused on combating "approval phishing" type cryptocurrency scams. Law enforcement agencies stated that the operation targeted approximately $45 million in losses related to crypto scams and successfully froze a portion of those funds. (Cointelegraph)
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