US EditionUS, UK, Canadian cops disrupt $45M global crypto scam
Law enforcement froze $12 million in suspected proceeds, identified more than 20,000 wallets tied to victims and returned funds to 3,000 people.
- On Thursday, the US Secret Service, UK National Crime Agency , and Canadian partners disrupted a $45 million global cryptocurrency scam, freezing $12 million and identifying over 20,000 compromised wallet addresses across 30 countries.
- The week-long Operation Atlantic targeted so-called "pig butchering" scams, where criminals deceive victims into granting wallet access via fake notifications that trick users into approving malicious requests.
- Binance's Special Investigations team deployed on-site at the NCA's London headquarters to provide real-time screening, enabling authorities to identify and contact more than 3,000 victims and return $12 million to their wallets.
- "Through this operation, investigators prevented millions of dollars in fraud losses and disrupted millions more in fraudulent transactions," said Brent Daniels, assistant director for the Secret Service's Office of Field Operations, emphasizing the need for international collaboration.
- Authorities also identified an additional $33 million linked to investment fraud schemes for further investigation, building on Binance's 2025 efforts which supported over 71,000 law enforcement requests and confiscated over $131 million.
13 Articles
13 Articles
PR Newswire
Binance Supports Operation Led by the UK's NCA that Froze $12 Million in Approval Phishing Scams
/PRNewswire/ -- Binance, the leading blockchain company behind the world's largest cryptocurrency exchange by trading volume and users, today announced its...
UK NCA-Led Operation Atlantic Freezes $12 Million Funds Tied to Approval Phishing Scams
Operation Atlantic, involving agencies from the UK, US, and Canada, has frozen $12 million linked to crypto phishing scams. The initiative identified over 20,000 victims and highlighted the growing threat of approval phishing attacks. Authorities are increasing international cooperation to tackle organised digital asset fraud.Operation Atlantic, involving agencies from the UK, US, and Canada, has frozen $12 million linked to crypto phishing scam…
$45 Million in Crypto Fraud Mapped as Operation Atlantic Identifies Victims Across US, UK, Canada – Bitcoin News
The post $45 Million in Crypto Fraud Mapped as Operation Atlantic Identifies Victims Across US, UK, Canada – Bitcoin News appeared on BitcoinEthereumNews.com. Key Takeaways: The NCA’s Operation Atlantic froze over $12 million in criminal crypto proceeds and identified 20,000 victims across 3 countries. More than $45 million in total cryptocurrency fraud was mapped globally, signaling how widespread approval phishing has become. The NCA and partn…
$45 Million in Crypto Fraud Mapped as Operation Atlantic Identifies Victims Across US, UK, Canada
International law enforcement agencies led by the U.K.’s National Crime Agency froze more than $12 million in suspected criminal proceeds and identified more than 20,000 victims during a coordinated crackdown on cryptocurrency investment fraud. Key Takeaways: The NCA’s Operation Atlantic froze over $12 million in criminal crypto proceeds and identified 20,000 victims across 3 countries. […]
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