Global Crypto Crackdown: Interpol Freezes 400 Wallets In Massive Scam Operation
Interpol has announced a significant recovery of assets totaling $439 million as part of a recent operation aimed at dismantling online scams, which included a substantial amount in crypto assets. This initiative, which took place from April to August of this year, involved collaboration among authorities from over 40 countries and territories. The operation resulted […]
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The International Criminal Police Organization (Interpol) has successfully conducted a continent-wide cybercrime crackdown in Africa, targeted against illegal cryptocurrency mining operations, inheritance scams, and fraudulent investments. Coordinated under the code name Serengeti 2.0, the three-month operation ran from June to August 2025, leading to more than 1,200 arrests and the recovery of close to $100 […]
The US, the United Arab Emirates (UAE), and Chinese authorities have cracked down on multiple cryptocurrency pig-butchering scam centers that have taken millions of dollars from American victims. Related Reading: South Korea Ramps Up 2027 Crypto Tax Prep Amid Abolition Calls 276 Arrested, 6 Indicted In Global Crackdown On Wednesday, the US Department of Justice […]
Interpol has managed to apprehend Leonardo Cositorto, the former CEO of Generation Zoe, one of the biggest alleged financial and crypto scam platforms in Argentina. Cositorto was reportedly arrested this week in the Dominican Republic, where he was in charge of a similar platform called Sunrise Coach. He will now be extradited to Argentina.
Leonardo Cositorto Arrested in the Dominican Republic
One of the most wanted men linked to the operation of Generation Zoe, one of the largest alleged pyramid schemes in Argentina, has at last been located. Interpol arrested Leonardo....
A massive police operation took place in Istanbul, Turkey, against a Chinese gang’s crypto scam. Authorities found that criminals kidnapped 101 people and forced them to run scam operations. Scammers Tricked Hostages by Promising Them Work in a Legit ‘Crypto Investment Consultancy’ According to Demirören Haber Ajansı, Istanbul police cracked down a fake “crypto investment consultancy” agency that allegedly hired these 101 people to run the scheme. In reality, the gang turned out to be a massive criminal operation, as they held hostage the employees....
Scammers have already hit more than 700 crypto wallets — some holding over a million dollars in stablecoins — with a phishing scheme disguised as a federal law enforcement action. Related Reading: Crypto Crackdown Intensifies: Canada Revokes 47 Licenses A Scam Built On Fear The operation targets users of the Tron blockchain. Criminals mint a […]