Altcoins News
By Jean-Luc Maracon
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How the Operation Works. Intelligence sharing drives everything. The agencies plan to swap technical expertise and…
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Early Results and Roadblocks. Progress comes slow. The operation already froze some assets on April 5, per the UK's National…
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Stolen crypto gets hunted. American and British authorities just launched "Operation Atlantic" to track down millions in stolen cryptocurrency, working directly with major…
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The joint operation kicked off this month with the U.S. Department of Justice and UK's National Crime Agency leading the charge.
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Intelligence sharing drives everything. The agencies plan to swap technical expertise and surveillance data in real-time, using blockchain analysis tools to track stolen funds as…
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Coinbase and Kraken aren't just sitting on the sidelines - they're actively hunting suspicious transactions on their platforms.
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She didn't specify exact numbers. But Kraken's head of security, Nick Percoco, revealed his exchange already identified several fraudulent accounts through the collaboration.
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The UK's Financial Conduct Authority jumped in on April 7 with consumer warnings about unregulated crypto platforms.
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Progress comes slow. The operation already froze some assets on April 5, per the UK's National Crime Agency, but tracking funds across different blockchain networks creates…
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Privacy laws also restrict how fast agencies can share information. A National Crime Agency spokesperson admitted on April 8 that tracing funds through multiple crypto wallets…
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Blockchain analytics firm Chainalysis got contracted to help trace illicit funds using their specialized tracking tools.
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Authorities stay quiet about specific strategies to avoid tipping off suspects. They're adapting their approach as new scam patterns emerge, but won't reveal timelines or…
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No official comments came regarding how long Operation Atlantic will run or which criminal groups they're targeting first.
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