A recent operation by Interpol called Serengeti 2.0 led to the arrest of over a thousand cybercriminals and the return of significant funds to victims.
Operation Serengeti 2.0
During Operation Serengeti 2.0, Interpol arrested 1,209 alleged cybercriminals who targeted nearly 88,000 victims. The operation resulted in the recovery of about $100 million and the dismantling of 11,432 cyber infrastructures.
Investigations in Angola
In Angola, investigators dismantled 25 cryptocurrency mining centers where around 60 Chinese nationals were illegally validating blockchain transactions to generate cryptocurrency. The operation spanned from June to August and involved investigators from 18 African countries and the United Kingdom.
Rising Scams and Hacks
Globally, incidents of scams and breaches have increased in recent months. Australia's financial regulator ASIC has ramped up its fight against online scams, dismantling 14,000 fraudulent websites since July 2023, with over 3,000 linked to cryptocurrency.
Operation Serengeti 2.0 highlighted the effectiveness of international cooperation in combating cybercrime and the growing problem of fraud in the cryptocurrency space.
