INTERPOL's "Operation Serengeti II" Dismantles Major Crypto Crime Network, Arrests 1,209 Individuals
According to ChainCatcher, citing The Block, Interpol announced on Friday that its coordinated "Operation Serengeti II" has successfully arrested 1,209 individuals suspected of cybercrime, who collectively targeted nearly 88,000 victims. The operation involved investigators from 18 African countries and the United Kingdom.
The operation began in June this year and has so far recovered $97.4 million in funds and dismantled 11,432 malicious infrastructures. During the operation, Zambian authorities took down a large-scale online investment scam that lured around 65,000 victims into investing in cryptocurrency by promising high returns through advertising campaigns, with estimated losses reaching $300 million.
In Angola, investigators dismantled 25 crypto mining centers, arrested 60 Chinese nationals illegally validating blockchain transactions, and seized mining and IT equipment valued at over $37 million.
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