Project Atlas stops $70M in crypto fraud, freezes millions in stolen funds

Project Atlas stops $70M in crypto fraud, freezes millions in stolen funds

OPP disrupts global cryptocurrency scams, identifies thousands of victims worldwide

Le Projet Atlas intercepte des fraudes de cryptomonnaie totalisant 70M $ et gèle des millions de dollars en sommes volées – Wawa-news.com

L’Équipe des enquêtes sur la cyberfraude (EEC) de la Police provinciale de l’Ontario (Police provinciale) et ses partenaires ont, à travers le Projet Atlas, empêché que des cybercriminels ne mettent la main sur une somme supérieure à 70 millions de dollars en cryptomonnaie et ont gelé un montant de 24 millions de dollars représentant ...

OPP Project Atlas tackles cryptocurrency scams in Ontario

Ontario Provincial Police (OPP) is stepping up efforts to combat a growing threat: cryptocurrency investment scams. The new initiative, known as Project Atlas, is a specialized task force focused on preventing fraud linked to cryptocurrency investments, a problem that has left many victims with significant financial losses. Media Relations and Community Safety Officer, Constable Craig Soldan says this unit is dedicated to investigating cyber cri…

OPP stops $70M in Crypto fraud, freezes millions in stolen funds

'Cryptocurrency investment frauds continue to devastate victims in Ontario and around the world, with these crimes becoming more sophisticated each year'

What Is Project Atlas? $70M Saved In Global Operation Led By Ontario Police In Canada

Investigators in Ontario, Canada, have successfully thwarted the theft of over $70 million in cryptocurrency.  This operation, which also froze an additional $24 million in fraudulent funds, targeted an elaborate international scam that victimized individuals in Canada and 12 other countries.  The Ontario Provincial Police (OPP) spearheaded this effort under a special initiative called Project Atlas, aiming to combat organized cryptocurrency fra…

Theft of $70M in crypto coins thwarted after international scammers target victims in Canada

Investigators in Ontario and around the world have stopped the theft of more than $70 million in crypto coins and froze another $24 million in funds after victims in Canada and over a dozen other countries were targeted by scammers. The OPP says some 14 victims and over 2,000 cryptocurrency wallets from Canada, the U.S. and 12 other countries were identified in an investigation into what police call “Approval Phishing” scams — a specific type of…