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XLM $0.1565 -0.13%
ZEC $382.28 +0.83%

The UK-led "Atlantic Action" freezes over 12 million dollars in crypto scam assets

2026-04-09 22:54:46
Collection

According to Cointelegraph, the joint law enforcement operation "Operation Atlantic" by the United States, the United Kingdom, and Canada was completed in March this year, led by the UK's National Crime Agency (NCA). Over $12 million in suspected fraud proceeds were frozen, and more than 20,000 victims were identified, with a total fraud amount exceeding $45 million.

This operation focused on authorized phishing attacks—a scam technique that induces users to sign malicious authorizations, thereby allowing attackers to transfer tokens from the wallet. Binance participated by providing account screening and fraud intelligence support, but no funds were frozen from its platform.

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