NCA-Led Operation Atlantic Freezes $12M, Identifies 20,000 Victims in Cryptocurrency Fraud
Operation Atlantic was a joint international law enforcement operation led by the UK's National Crime Agency (NCA) that targeted cryptocurrency and investment scammers exploiting approval phishing techniques. Approval phishing involves deceiving victims into granting criminals access to their cryptocurrency wallets, often resulting in significant financial losses. The operation identified over 20,000 victims across the UK, Canada, and the United States. Among these victims, one from the UK reportedly lost more than £52,000. During the coordinated effort, authorities secured and froze more than $12 million in suspected criminal proceeds related to these frauds. Globally, over $45 million in cryptocurrency fraud has... [Continue Reading]
360LiveNews | 09 Apr 2026 12:00
US and UK Finance Regulators Meet to Strengthen Economic Stability Cooperation
On February 25, 2026, the US Department of the Treasury hosted the 12th meeting of the US-UK Financial Regulatory Working Group in Washington, DC. Participants included senior officials from key US agencies such as the Federal Reserve, SEC, FDIC, and UK regulators like the Bank of England and Financial Conduct Authority. The meeting centered on collaboration to enhance economic and financial stability amid global uncertainties. Issues addressed included regulatory approaches, market supervision, and systemic risk management. This session reaffirmed the importance of transatlantic regulatory alignment to safeguard financial markets and protect investors. The cooperation is crucial as both countries face... [Continue Reading]
360LiveNews | 08 Apr 2026 13:45
