International Operation Targets Multimillion-Dollar Crypto Theft Schemes

An international law enforcement operation involving the US, UK, and Canada has successfully disrupted sophisticated cryptocurrency theft schemes, freezing 12 million dollars of the more than 45 million dollars in stolen funds identified during the week-long effort dubbed Operation Atlantic. The investigation uncovered over 20,000 compromised crypto wallet addresses across 30 countries and shut down more than 120 fraudulent websites used in approval phishing scams, where criminals trick victims into granting full access to their digital wallets before draining the accounts. Authorities directly contacted over 3,000 individuals to warn them of active threats and plan to return the frozen assets to victims.