Canada
Ethereum
United States
Last updated: April 17, 2025
Author
Julia Smith
Author
Julia Smith
About Author
Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.
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Last updated:
April 17, 2025 at 02:41 GMT+3
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Key Takeaways:
U.S. Secret Service partnered with Canadian law enforcement and financial regulators to combat an Ethereum blockchain-based scam.”
The operation targeted an approval phishing scam responsible for defrauding victims of approximately $4.3 million, by identifying compromised wallets and warning affected users.
The initiative showcases how international cooperation and blockchain forensics can help disrupt transnational crypto scams.
In an April 16 press release, the U.S. Secret Service collaborated with Canadian officials on a project dubbed “Operation Avalanche” with the goal of identifying compromised wallets on the Ethereum blockchain.
U.S. Secret Service Tackles Crypto Crime.
Working with the BC Securities Commission, forensic analysts with the United States Secret Service Washington Field Office worked to warn crypto fraud victims about the loss and…
https://cryptonews.com/news/secret-service-canada-disrupt-ethereum-phishing-ring/
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