Operation Level Up saves fraud victims nearly $300 million

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Operation Level Up saves fraud victims nearly $300 million

Initiative targets cryptocurrency scammers

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FBI Says ‘Operation Level Up’ Stopped Crypto Fraud Victims From Losing $285 Million - Invest In Crypto News

The FBI is taking the fight against crypto fraud to its attackers and says it has already saved more than 4,300 victims over $285 million. The government initiative, dubbed Operation Level Up, is attempting to lessen the estimated $3.9 billion in losses from investment fraud related to cryptocurrency in 2023 alone. The FBI Internet Crime Complaint Center, known as IC3, has reported around 3,200 cryptocurrency investment fraud complaints every mo…

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‘Operation Level-Up’: FBI Says Agency Initiative Has Helped 4,300 Victims Save $285,000,000 From Crypto Schemes - The Daily Hodl

The Federal Bureau of Investigation (FBI) is taking action to address the growing problem of pig butchering.

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FBI initiative saves thousands from crypto scams, recovers $285 million

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FBI saved victims $285m from crypto scams: report

The US Federal Bureau of Investigation says it helped save an estimated $285 million that victims would have lost to cryptocurrency scams. According to a report published on Feb. 13, the FBI pointed to an initiative dubbed “Operation Level Up”…

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FBI Launches “Level Up” Operation to Fight Cryptocurrency Frauds · Global Voices

The Federal Bureau of Investigation (FBI) has stepped up its fight against cryptocurrency investment fraud by launching Operation Level Up, a proactive initiative that has already managed to protect thousands of Americans from sophisticated financial scams. The operation, which has been in operation for more than a year, uses advanced techniques to identify and directly contact potential victims of fraud. Surprisingly, 76% of the more than 4,300…