dChan
Anonymous ID: 8f1370 Aug. 30, 2026, 3:20 a.m. No.24987997   🗄️.is 🔗kun   >>8058 >>8071

Interpol arrests 58 in crackdown on crypto investment scams

 

Operation Jackal IVresulted in 58 arrests and the identification of another 263 people suspected of links to the targeted criminal networks, according to INTERPOL.

 

In Argentina, federal police uncovered a Crime-as-a-Service network suspected of supplying website domains and money laundering support to West African crime groups. Investigators identified 196 people connected to the operation and arrested 17 suspects.

 

South African authorities conducted the largest enforcement action reported in the operation, arresting 39 people during raids at seven locations in Johannesburg. Police linked the sites to a group accused of running romance and investment scams against retirees in English-speaking countries.

 

According to INTERPOL, members of the network handled different stages of the fraud, with some working as “conversion” agents and others serving as “retention” agents. Such roles involved turning initial contacts into paying victims and persuading existing victims to continue sending money.

 

Police seized $2.67 million, blocked 257 bank accounts, and collected evidence during the Johannesburg raids. An INTERPOL support team also worked in South Africa to help local investigators examine the network’s financial and international links.

 

One of the investigations involved more than 270 suspected victim transfers and approximately $10.4 million in cryptocurrency, while another covered over 200 romance scam victims and $12.1 million in assets. Under the civil forfeiture process, eligible victims may seek compensation if courts approve the government’s claims to the recovered funds.

 

During a separate June enforcement action, Coinbase froze over $3 million in cryptocurrency tied to alleged Southeast Asian scam networks. The exchange worked with the DOJ, Meta, Microsoft, Starlink and overseas law enforcement agencies to identify financial transfers and online infrastructure linked to romance and investment fraud.

 

Meta disabled more than 1.4 million accounts, pages and groups connected to suspected scams, while Microsoft suspended about 20,000 accounts. Starlink terminated service for thousands of internet kits associated with suspected unlawful activity, and the Royal Thai Police arrested 63 people linked to scam operations.

 

https://cryptonews.net/news/security/33368505/