An international law enforcement operation called Operation Atlantic targeted multimillion-dollar cryptocurrency theft schemes across the United States, the United Kingdom, and Canada, identifying over $45 million in stolen funds and freezing about $12 million for return to victims. The week-long effort disrupted approval phishing campaigns used in pig butchering scams, took down over 120 fraudulent domains, and alerted thousands of at-risk individuals while drawing connections to large thefts by a Cambodian crime ring and North Korean hackers. #OperationAtlantic #ApprovalPhishing
Keypoints
- Operation Atlantic identified over $45 million in stolen cryptocurrency and froze roughly $12 million for return to victims.
- The operation targeted approval phishing tactics commonly used in pig butchering investment scams.
- Investigators found more than 20,000 compromised wallet addresses across 30 countries.
- Authorities directly warned over 3,000 individuals and took down more than 120 fraudulent web domains.
- Officials highlighted related large-scale thefts by a Cambodian crime ring and by North Korean hackers funding weapons programs.