Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Interpol arrested 19 suspects in Africa for illegal use of virtual assets and seized $260 million in terrorism-related funds
2025-10-25 01:53

According to Decrypt, a joint Interpol and African Police Organization (Africapol) operation targeting terrorist financing and supporting illicit activities has resulted in the arrest of 83 individuals in six African countries, 19 of whom were arrested for the "illicit use" of virtual assets. During the two-month operation, participating national authorities screened over 15,000 individuals and entities, identifying approximately $260 million in fiat and virtual currencies potentially linked to terrorist activities. Approximately $600,000 has been seized, and further investigations are underway to track and recover additional assets.