{"id":316225,"date":"2026-04-10T04:31:10","date_gmt":"2026-04-09T23:01:10","guid":{"rendered":"https:\/\/ebiztoday.news\/?p=316225"},"modified":"2026-04-10T04:31:10","modified_gmt":"2026-04-09T23:01:10","slug":"international-probe-disrupts-62m-in-crypto-fraud-freezes-16m-national","status":"publish","type":"post","link":"https:\/\/ebiztoday.news\/index.php\/2026\/04\/10\/international-probe-disrupts-62m-in-crypto-fraud-freezes-16m-national\/","title":{"rendered":"International probe disrupts $62M in crypto fraud, freezes $16M &#8211; National"},"content":{"rendered":"<p><\/p>\n<div data-article-socialshare=\"true\">\n<div id=\"article-fontSizer\" class=\"c-fontSizer\">\n<p>\n\t\t<button class=\"c-fontSizer__button c-fontSizer__button--decrease c-button c-button--details c-button--mini\" data-trackable=\"true\" data-trackaction=\"Font Sizer Decrease Font\" data-tooltip-title=\"Decrease text size\"><br \/>\n\t\t\t<span class=\"sr-only\">Descrease article font size<\/span><br \/>\n\t\t\t\t<svg class=\"c-icon  c-fontSizer__icon\" focusable=\"false\">\n\t\t<use xlink:href=\"https:\/\/globalnews.ca\/wp-content\/themes\/shaw-globalnews\/assets\/dist\/icons\/out\/symbol\/svg\/sprite.symbol.svg?v=03zxzk4qx#font-decrease\"><\/use>\n\t<\/svg><br \/>\n\t\t\t<\/button>\n\t<\/p>\n<p>\n\t\t<button class=\"c-fontSizer__button c-fontSizer__button--increase c-button c-button--details c-button--mini\" data-trackable=\"true\" data-trackaction=\"Font Sizer Increase Font\" data-tooltip-title=\"Increase text size\"><br \/>\n\t\t\t<span class=\"sr-only\">Increase article font size<\/span><br \/>\n\t\t\t\t<svg class=\"c-icon  c-fontSizer__icon\" focusable=\"false\">\n\t\t<use xlink:href=\"https:\/\/globalnews.ca\/wp-content\/themes\/shaw-globalnews\/assets\/dist\/icons\/out\/symbol\/svg\/sprite.symbol.svg?v=03zxzk4qx#font-increase\"><\/use>\n\t<\/svg><br \/>\n\t\t\t<\/button>\n\t<\/p>\n<\/div>\n<\/div>\n<div id=\"\">\n<p>A global law enforcement operation has disrupted greater than $62 million CAD in cryptocurrency fraud and frozen thousands and thousands in stolen funds, authorities said Thursday.<\/p>\n<p>Dubbed Operation Atlantic, the week-long campaign involved agencies from Canada, the US and the UK, targeting so-called \u201capproval phishing\u201d scams.<\/p>\n<p>Investigators identified greater than 20,000 cryptocurrency wallet addresses linked to victims across greater than 30 countries, including Canada, the U.S. and the U.K.<\/p>\n<p>Officials said over $16 million CAD in stolen funds has been frozen with the aim of returning it to victims, while an extra $45 million CAD believed to be tied to investment fraud schemes stays under investigation.<\/p>\n<div class=\"c-inlineSignup\" data-newsletter-inline=\"\">\n<div class=\"c-inlineSignup__image\">\n\t\t\t\t\t<img decoding=\"async\" width=\"170\" height=\"225\" loading=\"lazy\" src=\"https:\/\/globalnews.ca\/wp-content\/themes\/shaw-globalnews\/images\/skyline\/national.jpg\" alt=\"Get daily Canada news delivered to your inbox so you'll never miss the day's top stories.\">\n\t\t\t\t<\/div>\n<div class=\"c-inlineSignup__content\">\n<h2 class=\"c-inlineSignup__title\">Get each day National news<\/h2>\n<p>Get each day Canada news delivered to your inbox so you will never miss the day&#8217;s top stories.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p>The operation also disrupted greater than 120 web domains allegedly utilized by scammers.<\/p>\n<p>\u201cThrough Operation Atlantic, investigators were capable of disrupt\u00a0fraud\u00a0in progress and freeze thousands and thousands of dollars linked to approval\u2011phishing schemes,\u201d said Detective Superintendent Jennifer Spurrell, Director of Financial Crimes Services with the Ontario Provincial Police.<\/p>\n<div class=\"c-ad c-ad--bigbox l-article__ad\">\n<p>Story continues below commercial<\/p>\n<\/p><\/div>\n<p>Approval phishing scams typically involve fraudsters sending fake alerts or pop-ups that appear to return from trusted platforms, tricking users into granting access to their cryptocurrency wallets.<\/p>\n<div class=\"c-tabs\">\n<p>\n\t\t\t<button role=\"tab\" class=\"c-tabs__tab c-tabs__tab--active\" type=\"button\">More on World<\/button><br \/>\n\t\t\t<button role=\"tab\" class=\"c-tabs__tab\" type=\"button\">More videos<\/button>\n\t\t<\/p>\n<\/p><\/div>\n<p>Once access is approved, criminals can transfer funds, often making recovery difficult or not possible.<\/p>\n<p>If someone believes they&#8217;re a victim of the sort of fraud, they&#8217;re asked to contact authorities.<\/p>\n<div class=\"l-article__part\" data-shortcode=\"tp_video\">\n<div class=\"c-video c-videoPlay \" data-iframe-receiver=\"\" data-autoplay=\"\" data-displayinline-featured=\"false\" data-displayinline-type=\"video\" data-displayinline-player-id=\"miniplayer_11107884_69d82e77c8b9a\" data-displayinline-video-id=\"11107884\" data-displayinline-ratio=\"16:9\" data-displayinline=\"https:\/\/globalnews.ca\/video\/embed\/11107884\/#autoplay&#038;stickyiframe=miniplayer_11107884_69d82e77c8b9a\" data-displayinline-sticky=\"true\" data-permutive-data='{\"content\":{\"name\":\"Consumer Matters: Tips to avoid crypto currency investment fraud\",\"type\":\"video\",\"sections\":[\"videos\",\"bc\",\"canada\",\"consumer\",\"crime\"],\"keywords\":[\"anne-drewa-consumer-affairs\",\"anne-drewa-consumer-matters\",\"consumer-matters\",\"crypto-currency\",\"top-news\",\"global-news-hour-at-6-bc\"],\"iab\":{\"categories\":[\"Law and Government\",\"Law and Government\/Public Safety\"],\"tags\":[\"Atlantic Ocean\",\"Canada\",\"Canadian dollar\",\"Crime\",\"Cryptocurrency\",\"Cryptocurrency and crime\",\"Cryptocurrency wallet\",\"Domain name\",\"Financial crime\",\"Fraud\",\"Investment\",\"Law\",\"Law enforcement\",\"Metro Inc.\",\"Ontario\",\"Ontario Provincial Police\",\"Phishing\",\"Scam\",\"Securities fraud\",\"Superintendent (police)\",\"United Kingdom\",\"United States\"]}}}'>\n<div class=\"c-video__inner \">\n\t\t\t\t\t<span class=\"c-video__placeholder\"><br \/>\n\t\t\t\t\t\t<img decoding=\"async\" class=\"c-video__image\" alt=\"Click to play video: 'Consumer Matters: Tips to avoid crypto currency investment fraud'\" width=\"640\" height=\"360\" src=\"https:\/\/i1.wp.com\/media.globalnews.ca\/videostatic\/news\/lh84rilu3r-sm4qe7mj6w\/CM.png?w=1040&#038;quality=70&#038;strip=all\" loading=\"lazy\" srcset=\"\" sizes=\"auto, \" data-sizes=\"(min-width: 1040px) 1040px,(min-width: 720px) 720px,450px\"><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"c-video__overlay\"><\/p>\n<p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<time class=\"c-video__duration\">3:00<\/time><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"c-video__title\">Consumer Matters: Tricks to avoid crypto currency investment fraud<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div>\n<p>\n\t\t&#038;copy 2026 Global News, a division of Corus Entertainment Inc.\t<\/p>\n<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Descrease article font size Increase article font size A global law enforcement operation has disrupted greater than $62 million CAD in cryptocurrency fraud and frozen thousands and thousands in stolen funds, authorities said Thursday. Dubbed Operation Atlantic, the week-long campaign involved agencies from Canada, the US and the UK, targeting so-called \u201capproval phishing\u201d scams. Investigators [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":316226,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20691],"tags":[5604,23085,6578,13254,2859,24347,42,1903,1722],"class_list":["post-316225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-16m","tag-62m","tag-crypto","tag-disrupts","tag-fraud","tag-freezes","tag-international","tag-national","tag-probe"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/316225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/comments?post=316225"}],"version-history":[{"count":2,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/316225\/revisions"}],"predecessor-version":[{"id":316228,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/316225\/revisions\/316228"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media\/316226"}],"wp:attachment":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media?parent=316225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/categories?post=316225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/tags?post=316225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}