U.S., Canada Crackdown Disrupts $4.3 Million Crypto Phishing Scheme

A joint effort between the U.S. Secret Service and Canadian authorities has successfully dismantled a sophisticated cryptocurrency phishing scam that led to the theft of $4.3 million in Ethereum from victims’ wallets. The operation, dubbed ‘Operation Avalanche,’ brought together regulatory bodies, law enforcement agencies, and crypto platforms to identify compromised accounts and warn potential targets.