UK-led Operation Atlantic freezes $12M in crypto scam proceeds
Cointelegraph
International authorities, led by the UK, froze $12 million in assets linked to a massive crypto phishing scam affecting over 20,000 victims.Summary
Operation Atlantic, a collaborative enforcement effort between the UK’s National Crime Agency, the US Secret Service, and Canadian police, has successfully frozen $12 million in illicit funds. The operation targeted approval phishing scams, which trick users into granting malicious permissions to drain their wallets. This international initiative identified over 20,000 victims and uncovered more than $45 million in total stolen assets. Cryptocurrency exchange Binance provided intelligence and investigative support, though it confirmed that no funds were frozen on its own platform.
(Source：Cointelegraph)