UK-led Operation Atlantic freezes $12M tied to crypto scams
Burns Brief
Operation Atlantic, a joint US, UK and Canadian operation, froze more than $12 million tied to crypto approval phishing scams and identified over 20,000 victims The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Operation Atlantic, a joint US, UK and Canadian operation, froze more than $12 million tied to crypto approval phishing scams and identified over 20,000 victims.
Key Takeaways
- Operation Atlantic, a joint US, UK and Canadian operation, froze more than $12 million tied to crypto approval phishing scams and identified over 20,000 victims