In brief
- The U.S. Secret Service is working with authorities in the United Kingdom and Canada to stop crypto fraud.
- Dubbed “Operation Atlantic,” the agencies will work together to try and stop “approval phishing” or “pig butchering” scams that are often tied to crypto.
- More than $17 billion was stolen in crypto crimes last year alone, per a Chainalysis report.
Law enforcement agencies across three countries are teaming up to try and stop crypto fraud schemes in their tracks.
Authorities in the United States, United Kingdom, and Canada will collaborate on “Operation Atlantic,” a joint international initiative to identify and squash “approval phishing” scams, which are sometimes referred to as “pig butchering.”
In these…
