Canada, U.S. and Britain seize more than $12-million in crypto scam proceeds during Operation Atlantic

Canadian, American and British law enforcement agencies froze more than US$12 million of fraudulently obtained funds during a week-long blitz targeting cryptocurrency investment scams. The coordinated, cross-border operation focused on seizing illicit proceeds and disrupting scam networks rather than announcing regulatory changes or market interventions.

Analysis

Canadian, American and British law enforcement agencies froze more than US$12 million of fraudulently obtained funds during a week-long blitz targeting cryptocurrency investment scams. The coordinated, cross-border operation focused on seizing illicit proceeds and disrupting scam networks rather than announcing regulatory changes or market interventions.