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Interpol Africa Sweep Nets 1,462 Arrests, Exposes Crypto Laundering

Interpol Africa Sweep Nets 1,462 Arrests, Exposes Crypto Laundering

Photo: Bitcoin.com News

An Interpol-coordinated cybercrime crackdown focused on Africa led to 1,462 arrests and recovered more than $105 million. A Nigerian case traced over $2.4 million in suspected proceeds, much of it laundered through cryptocurrency transactions. Law enforcement agencies from 20 African countries and the United States arrested 1,462 suspects during Operation Serengeti III, Interpol announced Oct. 22. The international cybercrime crackdown ran from June 29 through Aug. 31. It targeted online fraud, digital extortion, ransomware, and business email compromise. A Nigerian investigation traced more than $2.4 million in suspected criminal proceeds from an international investment fraud scheme promoted through messaging applications.

Source: Bitcoin.com News

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