U.S., UK, Canada start Operation Atlantic to disrupt crypto approval-phishing scams

International law enforcement effort targets approval-phishing schemes tied to crypto investment fraud. What to know : Law enforcement agencies in the U.S., U.K. and Canada started Operation Atlantic to disrupt cryptocurrency fraud schemes known as approval-phishing attacks. These scams trick victims into granting wallet permissions via fake alerts or pop-ups, allowing criminals to seize control of crypto wallets and move funds in irreversible blockchain transactions. Building on earlier efforts such as Project Atlas and Operation Spincaster, authorities say the initiative will focus on real-time disruption of scams, victim warnings and guidance on securing compromised wallets and recovering stolen assets.