UK-US-Canada Joint Operation Freezes $12 Million in Crypto Scam Funds

According to Odaily, the multinational law enforcement operation "Operation Atlantic," led by the UK, has recently made progress. Law enforcement agencies from the United States, the United Kingdom, and Canada have jointly frozen over $12 million in funds related to cryptocurrency scams and identified more than 20,000 victims. The operation, which began in March this year, is led by the UK's National Crime Agency (NCA) in collaboration with the US Secret Service, the Ontario Provincial Police, and the Ontario Securities Commission. It focuses on combating "approval phishing" type cryptocurrency scams. Law enforcement agencies stated that the operation targeted approximately $45 million in losses related to such crypto scams and successfully froze a portion of those funds. (Cointelegraph)