Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Interpol arrests 1,200 people, seizes over $100M in crypto busts across multiple African countries

Interpol arrests 1,200 people, seizes over $100M in crypto busts across multiple African countries

CryptoSlateCryptoSlate2025/08/22 15:00
By:Assad Jafri

Authorities across Africa arrested more than 1,200 suspects and seized nearly $100 million in a sweeping cybercrime operation that dismantled online fraud networks and illegal crypto mining operations, INTERPOL announced on Aug. 22.

The three-month crackdown, known as Operation Serengeti 2.0, targeted nearly 88,000 victims across 18 African nations in collaboration with the UK.

Investigators uncovered 11,432 malicious infrastructures tied to ransomware, business email compromise schemes, and online investment fraud.

Major seizures and arrests

In Angola, police shut down 25 crypto mining centers operated by 60 Chinese nationals who were illegally validating blockchain transactions. Authorities also confiscated 45 illicit power stations used to fuel the operation, as well as mining and IT equipment valued at more than $37 million.

Officials said the seized power assets will be redirected to bolster the electricity supply in vulnerable areas.

Meanwhile, Zambian authorities dismantled one of the region’s largest online investment fraud schemes, where scammers persuaded more than 65,000 people to invest in crypto platforms with promises of high returns.

Losses were estimated at $300 million. Police arrested 15 suspects, seized forged documents, and shut down bank accounts tied to the scheme.

In a separate raid, officers and immigration officials disrupted a human trafficking ring and confiscated 372 counterfeit passports.

Meanwhile, in Côte d’Ivoire, investigators dismantled a transnational inheritance scam traced back to Germany. Victims were tricked into paying upfront fees to claim fabricated estates. Authorities arrested the lead suspect and seized cash, electronics, vehicles and jewelry, estimating losses at $1.6 million.

Training, prevention and international support

The crackdown followed months of intelligence sharing between INTERPOL and private-sector partners, who provided data on suspicious domains, IP addresses, and command-and-control servers.

Ahead of the operation, officers underwent training workshops on crypto tracking, open-source intelligence, and ransomware analysis. INTERPOL officials said the operation reflects a growing global push to tackle cybercrime through coordinated enforcement and prevention.

A new partnership with the International Cyber Offender Prevention Network, involving 36 countries, aims to identify threats before they escalate into criminal activity.

Funded by the UK’s Foreign, Commonwealth, and Development Office, the effort brought together operational partners including Group-IB, Kaspersky, Trend Micro, TRM Labs, and Fortinet.

Authorities said more investigations are underway, particularly into the international financial and criminal networks behind the fraud schemes.

The post Interpol arrests 1,200 people, seizes over $100M in crypto busts across multiple African countries appeared first on CryptoSlate.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Google's GCUL: Redefining Financial Infrastructure and the Battle for Blockchain Supremacy

- Google Cloud's GCUL blockchain targets global financial infrastructure with neutral, compliant, Python-driven architecture. - Platform challenges Ripple, Stripe, and Circle by offering institutional-grade compliance and open-access smart contracts. - GCUL's 30% cost reduction in collateral settlements and token-agnostic design threaten existing fintech players' market share. - 2026 commercial rollout could reshape cross-border payments, stablecoins, and crypto custody markets through institutional adopti

ainvest2025/08/27 20:54
Google's GCUL: Redefining Financial Infrastructure and the Battle for Blockchain Supremacy

Hudbay Minerals' Resilient Recovery and Operational Continuity Post-Wildfire

- - Hudbay Minerals swiftly resumed operations after a 2025 Manitoba wildfire, demonstrating robust crisis management and infrastructure protection. - - The company maintained 95% of its Q3 2025 production guidance, reinforcing investor confidence through transparent, disciplined execution. - - HBM's stock showed below-industry volatility during the crisis, highlighting operational resilience as a key differentiator in climate-risk-prone mining sectors. - - The incident underscores the growing importance o

ainvest2025/08/27 20:48
Hudbay Minerals' Resilient Recovery and Operational Continuity Post-Wildfire

A detailed analysis of the AAVE V4 upgrade: Reshaping lending with modularity, can the old token see a new spring?

This V4 update may allow us to see its strong competitiveness in the DeFi sector in the future, as well as the underlying reasons for its continuously increasing business volume.

BlockBeats2025/08/27 20:43
A detailed analysis of the AAVE V4 upgrade: Reshaping lending with modularity, can the old token see a new spring?

XRP News Today: SBI's XRP Bet Stands Strong Amid Blockchain Expansion Surge

- SBI Holdings reaffirms XRP's strategic role in cross-border payments despite new blockchain partnerships with Chainlink, Circle, and Startale. - Chainlink's CCIP and compliance tools enhance SBI's infrastructure, but XRP remains critical for live corridors like Japan-Philippines due to cost efficiency. - SBI's ventures include USDC adoption with Circle and RWA tokenization with Startale, aiming to merge traditional finance with DeFi for 24/7 trading. - XRP's $2.92 price resilience and $176B market cap re

ainvest2025/08/27 20:42
XRP News Today: SBI's XRP Bet Stands Strong Amid Blockchain Expansion Surge