Interpol said a suspect's crypto wallet processed over $122.5 million in 10 months as authorities uncovered the scheme during a global anti-fraud operation that led to 5,811 arrests.
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A crypto wallet linked to a suspected romance-scam money launderer processed more than $122.5 million in 10 months, according to Interpol, as authorities expanded a global crackdown on online fraud. Interpol said Thursday that Thai authorities arrested two suspects and uncovered a money-laundering network that funneled proceeds from romance scams into cryptocurrencies, using cross-chain token swaps to obscure the trail. The Thai investigation was part of Operation First Light 2026, an Interpol-coordinated campaign targeting social engineering scams and the financial infrastructure used to launder their proceeds. The operation involved authorities in 97 countries and territories, resulting in 5,811 arrests and the seizure of $293 million in illicit assets tied to fraud and money laundering. Tomonobu Kaya, director of Interpol’s Financial Crime and Anti-Corruption Centre, said soc
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INTERPOL-led operation has resulted in 5,811 arrests, blocked more than 31,000 bank accounts, and intercepted $293 million in illicit assets across 97 countries and territories during a global crackdown on fraud and crypto-linked money laundering. Summary INTERPOL’s global anti fraud operation led to 5,811 arrests and intercepted $293 million in illicit assets across 97 countries and territories. Thai authorities uncovered a crypto laundering network that allegedly moved romance scam proceeds through cross chain token swaps, with one wallet processing more than $122.5 million. The operation identified more than 142,000 victims and used rapid payment blocking tools to freeze suspicious fiat and cryptocurrency transfers. According to an INTERPOL statement published on Thursday, Operation First Light ran between Jan. 15 and April 30, 2026, targeting social engineerin
INTERPOL-led operation has resulted in 5,811 arrests, blocked more than 31,000 bank accounts, and intercepted $293 million in illicit assets across 97 countries and territories during a global crackdown on fraud and crypto-linked money laundering. According to an INTERPOL statement…
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A broad global effort spearheaded by Interpol, named Operation First Light 2026, has zeroed in on worldwide fraud networks and activities involving laundering of criminal earnings. Spanning across 97 nations, this significant crackdown has led to the capture of 5,811 individuals and the confiscation of illicit assets valued at $293 million. Continue Reading:Massive Global Sweep Exposes Illegal Crypto Operations Source: https://en.bitcoinhaber.net/massive-global-sweep-exposes-illegal-crypto-operations
The post A 20-Year-Old’s Crypto Wallet Moved $123M in Romance-Scam Cash: Interpol Says appeared on BitcoinEthereumNews.com.
In brief Thai police arrested two people over a scheme that laundered romance-scam proceeds through crypto, using cross-chain swaps to hide the trail, Interpol said. One suspect, aged 20, controlled a wallet that processed more than $122.5 million in 10 months. The arrests came out of Operation First Light 2026, a four-month push across 97 countries and territories that led to 5,811 arrests and the interception of $293 million in illicit assets. Interpol said it identified more than 142,000 victims and blocked over 31,000 bank accounts, using its I-GRIP stop-payment tool to check the flows of fiat and virtual assets. A 20-year-old’s cryptocurrency wallet moved more than $122.5 million in just 10 months as part of a scheme to launder money stolen from romance-scam victims, Interpol said, in one of the standout cases from a sweeping global anti-fraud operation. Thai
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The post INTERPOL Operation Leads to 5,811 Arrests in Global Fraud Crackdown appeared first on Coinpedia Fintech News INTERPOL said Operation First Light 2026 led to 5,811 arrests across 97 countries and territories and the seizure of $293 million in illicit assets. Authorities said a Thai money laundering network used multiple cryptocurrencies and cross-chain transfers to hide criminal proceeds, while one suspect’s crypto wallet processed more than $122.5 million over 10 months. Investigations … Source: https://coinpedia.org/crypto-live-news/interpol-operation-leads-to-5811-arrests-in-global-fraud-crackdown/
The post Ethereum phishing scam drains nearly $1 million from crypto wallet appeared on BitcoinEthereumNews.com.
A crypto user has lost nearly $1 million after approving a malicious Ethereum transaction that gave scammers access to drain almost the entire wallet balance, adding to hundreds of millions of dollars in phishing losses recorded this year. Summary A crypto user lost nearly $1 million after approving a malicious Ethereum transaction that allowed scammers to drain the wallet. Phishing scams caused $723 million in losses across 248 incidents in 2025 as approval based attacks continued targeting crypto users. The latest theft follows another multimillion dollar onchain loss, highlighting separate risks from phishing approvals and flawed transaction routing. According to blockchain security platform Scam Sniffer, the victim lost 999,999 Tether (USDT) in an Ethereum phishing token approval scam on Wednesday after signing a malicious approval request. On-chain data showed the attac
