Security· ★★· neutral·

Coinbase helps freeze assets of West African scam network in London operation

  • —The operation ran in London on October 6–9
  • —Coinbase worked with the NCA, US DOJ and Tech Against Scams
  • —Scams included fake crypto investments and impersonation of law enforcement
  • —Networks are shifting to West Africa as crackdowns hit Southeast Asian scam hubs
Why it matters: Joint action by exchanges and regulators signals the crypto industry's growing role in fighting cross-border fraud.
Source: PANews