Operation Atlantic: Multi-National Crackdown on Crypto Approval Phishing (infosecurity-magazine.com)

• Over 20,000 confirmed phishing victims
• Total illicit gains reached $12 million
• Focus on technical vulnerabilities in wallet smart contract approvals

"UK, US, and Canadian authorities have dismantled a major cryptocurrency phishing operation, uncovering over 20,000 victims targeted by approval scams. These attacks exploit user permissions to grant full access to digital wallets, resulting in total losses exceeding $12 million. This operation highlights the growing complexity of cross-border cyber financial crime and the necessity for coordinated international law enforcement responses to secure digital assets."