TechFlow reported on February 16 that according to Bitcoin.com, the U.S. Federal Bureau of Investigation (FBI) recently announced its "Operation Level Up" has successfully prevented millions of dollars in losses for victims of cryptocurrency investment fraud. The agency explained that the initiative identifies individuals currently being scammed and intervenes before they suffer financial loss.
"As of January 2025, the FBI has notified more than 4,300 potential victims, helping them avoid approximately $285 million in losses," it stated.
"Operation Level Up," launched in 2024, targets increasingly sophisticated cryptocurrency scams, including fraudulent investment platforms and social engineering tactics used by scammers to deceive victims.
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