Crypto exchanges Binance, Coinbase join West Africa scam sweep that flagged $11 million

Binance, Coinbase join West Africa scam crackdown as 28 arrested

Binance and Coinbase joined a West Africa scam crackdown that led to 28 arrests, 117 trafficking victims identified and over $11M flagged for possible freezing.

Crypto exchanges Binance, Coinbase join West Africa scam sweep that flagged $11 million

Private-sector partners flagged $11 million in funds that could be frozen, while officials reported cryptocurrency seizures without disclosing their value.

Binance, Coinbase Join West Africa Anti-Fraud Operation

Binance, Coinbase and other crypto companies have participated in anti-fraud operations targeting financial crime in West Africa, identifying approximately $11 million in funds described as potentially freezeable, according to reports of the operation.Read more...

Binance, Coinbase Join West Africa Scam Operation

Crypto exchanges Binance and Coinbase joined a cross-border effort targeting fraud networks in West Africa. The operation flagged $11 million in funds that could be frozen, with arrests and social media takedowns reported.

Coinbase Identified More Than 65 Scam Victims in West Africa Sweep

The Oct. 6-9 operation led to 28 arrests and identified at least $11 million in funds for possible freezing. Authorities did not disclose the value of cryptocurrency seizures.