Canada Leads $25M Crypto Scam Takedown with Chainalysis Help

Description

Operation Spincaster froze $25M in stolen cryptocurrency tied to phishing scams. Chainalysis helped identify $1.2M in overlooked assets in a blacklisted wallet. Over 1,100 scam victims were identified, including Canadians, with funds actively being recovered. Chainalysis teamed up with the Delta Police Department in Canada for a groundbreaking operation. Code-named “Spincaster,” this initiative took down a sophisticated crypto scam network. The operation froze over $25 million in stolen funds, t...