NCA-Led Operation Atlantic Identifies 20,000 Crypto Fraud Victims and Freezes $12 Million

The UK National Crime Agency led Operation Atlantic alongside the US Secret Service and Canadian police, identifying more than 20,000 victims of approval phishing cryptocurrency fraud across three countries and freezing $12 million in stolen funds. The operation targeted criminals who tricked victims into granting wallet access through fraudulent investment platforms, with more than $45 million in total crypto theft identified worldwide. Private sector partners traced transactions in real-time, enabling fund recovery before criminals could move assets.