TechFlow News: On April 9, according to Cointelegraph, the joint U.S., U.K., and Canadian law enforcement operation “Operation Atlantic” concluded in March this year. Led by the U.K.’s National Crime Agency (NCA), the operation froze over $12 million in assets suspected to be proceeds of fraud, identified more than 20,000 victims, and involved total fraud losses exceeding $45 million.
The operation focused on authorized phishing attacks—a scam technique that tricks users into signing malicious authorizations, thereby granting attackers permission to transfer tokens from their wallets. Binance participated in the operation by providing account screening and fraud intelligence support; however, no funds were frozen from its platform.
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