Binance dismantles $45M scam ring with Interpol, Afripol in operation Red Card 2.0

Africa Linked to $45 Million Online Scam Ring as INTERPOL Arrests 651 Suspects

A major cybercrime network operating across Africa has been dismantled with authorities recovering millions of dollars from the operators. The law enforcement agencies from 16 African countries joined forces to coordinate operations aimed at targeting these fraud networks. The investigative operation, called Operation Red Card 2.0; it ran from 8 December 2025 to 30 January 2026 and focused on dismantling the systems and people behind investment …

Binance dismantles $45M scam ring with Interpol, Afripol in operation Red Card 2.0

Binance, in collaboration with Interpol and Afripol, successfully completed Operation Red Card 2.0. The coordinated operation with Interpol, Afripol, and other local authorities led to 651 arrests and the recovery of $4.3 million from scam rings credited with over $45 million in losses.   The latest operation comes as Binance remains locked in a public disagreement with the Wall Street Journal (WSJ), demanding in a letter the retraction of an ar…