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]