Operation Atlantic Freezes $12 Million in Cryptocurrency Theft Schemes
Summary
An international law-enforcement operation identified over $45 million in stolen cryptocurrency, froze about $12 million for return to victims, and took down more than 120 domains used in approval-phishing scams.
Key points
- Operation Atlantic involved law-enforcement agencies from the United States, the United Kingdom, and Canada.
- Authorities identified over $45 million in stolen funds and froze approximately $12 million, which they said will be returned to victims.
- The week-long operation targeted approval phishing used in cryptocurrency theft schemes, including scams associated with pig butchering.
- Investigators identified more than 20,000 compromised wallet addresses across 30 countries and contacted over 3,000 people to warn them.
- Authorities took down more than 120 fraudulent domains used to facilitate cryptocurrency scams.
Article Details
- Event Type
- International law enforcement operation targeting approval-phishing cryptocurrency theft schemes
- Impact
- Operation Atlantic identified more than $45 million in stolen funds and froze approximately $12 million for return to victims. Authorities identified more than 20,000 compromised wallet addresses across 30 countries, contacted over 3,000 people to warn them, and took more than 120 fraudulent domains offline.
Countries
CanadaAn international operation involving law enforcement agencies from the United States, the United Kingdom, and Canada has targeted multimillion-dollar cryptocurrency theft schemes.United KingdomAn international operation involving law enforcement agencies from the United States, the United Kingdom, and Canada has targeted multimillion-dollar cryptocurrency theft schemes.United StatesAn international operation involving law enforcement agencies from the United States, the United Kingdom, and Canada has targeted multimillion-dollar cryptocurrency theft schemes.