$12 Million Frozen in International Crackdown on Crypto Scam

A major international operation has been launched against a crypto scam that has affected thousands of people across multiple countries.

The joint effort between law enforcement agencies and private companies used advanced technical tools and real-time intelligence sharing to track stolen funds and disrupt fraud networks.

According to officials, the success of the operation was largely driven by global collaboration and real-time intelligence sharing. The National Crime Agency (NCA) hosted law enforcement agencies at its London headquarters, where teams worked together using advanced technical tools and shared data to track criminal activity.

The authorities have identified more than $45 million in stolen cryptocurrency linked to fraud schemes worldwide. Investigations are still ongoing, with agencies continuing to analyze intelligence gathered during the operation to support victims and pursue those responsible.