No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, October 18, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

Interpol Arrests 1,209 Involved In Illegal Crypto Mining And Investment Scams

by TheAdviserMagazine
2 months ago
in Cryptocurrency
Reading Time: 3 mins read
A A
Interpol Arrests 1,209 Involved In Illegal Crypto Mining And Investment Scams
Share on FacebookShare on TwitterShare on LInkedIn


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The International Criminal Police Organization (Interpol) has successfully conducted a continent-wide cybercrime crackdown in Africa, targeted against illegal cryptocurrency mining operations, inheritance scams, and fraudulent investments. Coordinated under the code name Serengeti 2.0, the three-month operation ran from June to August 2025, leading to more than 1,200 arrests and the recovery of close to $100 million in stolen funds and confiscated assets.

Operation Serengeti 2.0

According to Interpol’s press release on August 22, investigators from 18 African countries, working alongside the United Kingdom and supported by private-sector partners, dismantled 11,432 malicious infrastructures linked to almost 88,000 victims  of targeted high-impact online crimes, including ransomware, scams, and business email compromise (BEC).Notably, law enforcement authorities in Angola shut down 25 illegal cryptocurrency mining sites operated by 60 Chinese nationals while also commandeering 45 unauthorized power stations feeding these operations. In addition, officers also confiscated IT and mining machinery worth over $37 million.Meanwhile, in Zambia, officials uncovered a massive crypto investment fraud with 65,000 victims and $300 million in total losses. The operation led to 15 arrests, alongside the seizure of domains, SIM cards, and bank accounts tied to the scam, which had promised investors sizable returns. Notably, another sting in Lusaka disrupted a suspected human-trafficking network, where 372 forged passports of seven countries were confiscated.

Interpol also reports that the Ivorian police dismantled a cross-border inheritance scam believed to originate in Germany. Unsuspecting victims were deceived to pay fees for fake inheritance claims, generating around $1.6 million in illicit gains. The primary suspect in this case has been detained while authorities seized cash, jewelry, and vehicles, among other valuables.

Commenting on the successful Serengeti 2.0 operation, Interpol’s Secretary General, Valdecy Urquiza, emphasized the importance of cooperation in amplifying results:

Urquiza said:

Each INTERPOL-coordinated operation builds on the last, deepening cooperation, increasing information sharing, and developing investigative skills across member countries. With more contributions and shared expertise, the results keep growing in scale and impact

Operation Serengeti 2.0 was conducted under the African Joint Operation Against Cybercrime with other participating nations, including Nigeria, Rwanda, South Africa, etc. Meanwhile, private partners of this operation are TRM Labs, Trend Micro, and Team Cypru, among others.

Crypto Market Overview

At the time of writing, the global cryptocurrency market capitalization stands at $3.95 trillion, reflecting a 3.87% increase over the past 24 hours. Daily trading volume has climbed to $157.12 billion, signaling heightened activity across major tokens. Market leader Bitcoin is currently priced at $115,811, while Ethereum trades at $4,700, both maintaining strong momentum amid broader market gains.

crypto
Total crypto market cap valued at $3.94 trillion on the daily chart | Source: TOTAL chart on Tradingview.com

 Featured image from Interpol, chart from Tradingview

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

Tags: arrestsCryptoillegalInterpolInvestmentinvolvedMiningscams
ShareTweetShare
Previous Post

Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most

Next Post

Disaster Prediction and Alerts Would Thrive in the Free Market

Related Posts

edit post
Florida’s Crypto Bill Gets A Second Life—But Will It Work This Time?

Florida’s Crypto Bill Gets A Second Life—But Will It Work This Time?

by TheAdviserMagazine
October 17, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Florida Representative Webster Barnaby has filed House...

edit post
Charles Hoskinson Addresses Cardano Treasury Fund Allegations

Charles Hoskinson Addresses Cardano Treasury Fund Allegations

by TheAdviserMagazine
October 17, 2025
0

Charles Hoskinson the founder of Cardano has made remarks about new claims that he misused funds in the treasury of...

edit post
MegaETH repurchases 4.75% equity from pre-seed investors ahead of token sale

MegaETH repurchases 4.75% equity from pre-seed investors ahead of token sale

by TheAdviserMagazine
October 17, 2025
0

Key Takeaways MegaETH has repurchased 4.75% of its equity and token warrants from pre-seed investors. The move marks a strategic...

edit post
How 8B pension bill makes BTC a state asset this time

How $218B pension bill makes BTC a state asset this time

by TheAdviserMagazine
October 17, 2025
0

Florida is back with another attempt to put Bitcoin on the state’s balance sheet. The new bill, HB 183, revives...

edit post
Cybercrime-as-a-Service Network Taken Down in Europe: 7 Arrested, 1,200 SIM Boxes Seized

Cybercrime-as-a-Service Network Taken Down in Europe: 7 Arrested, 1,200 SIM Boxes Seized

by TheAdviserMagazine
October 17, 2025
0

European law enforcement cracked down on a criminal network in Latvia last week, leading to the arrest of five alleged...

edit post
Ripple Plans B XRP Treasury, Buys GTreasury For B

Ripple Plans $1B XRP Treasury, Buys GTreasury For $1B

by TheAdviserMagazine
October 17, 2025
0

Join Our Telegram channel to stay up to date on breaking news coverage Ripple is reportedly seeking to raise at...

Next Post
edit post
Disaster Prediction and Alerts Would Thrive in the Free Market

Disaster Prediction and Alerts Would Thrive in the Free Market

edit post
4 Ways To Prevent Your Investment Accounts From Being Frozen After Death

4 Ways To Prevent Your Investment Accounts From Being Frozen After Death

  • Trending
  • Comments
  • Latest
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

October 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
Massachusetts Treasury Check Fraud: .8 Million Scheme Leads to Federal Charges 

Massachusetts Treasury Check Fraud: $8.8 Million Scheme Leads to Federal Charges 

September 22, 2025
edit post
How Extra Mortgage Payments Can Shave Thousands Off Your Debt

How Extra Mortgage Payments Can Shave Thousands Off Your Debt

0
edit post
Rattled Wall Street on alert after trillion-dollar risk runup

Rattled Wall Street on alert after trillion-dollar risk runup

0
edit post
High Dividend 50: Stellus Capital

High Dividend 50: Stellus Capital

0
edit post
Serfdom with Palm Trees | Mises Institute

Serfdom with Palm Trees | Mises Institute

0
edit post
JetBlue Adds Perks for Families, Cuts for Entry-Level Elites

JetBlue Adds Perks for Families, Cuts for Entry-Level Elites

0
edit post
Ripple Plans B XRP Treasury, Buys GTreasury For B

Ripple Plans $1B XRP Treasury, Buys GTreasury For $1B

0
edit post
JSW Infra: JSW Infra plans Rs 5,500 crore capex push; Q2 PAT down 3.5%

JSW Infra: JSW Infra plans Rs 5,500 crore capex push; Q2 PAT down 3.5%

October 17, 2025
edit post
High Dividend 50: Stellus Capital

High Dividend 50: Stellus Capital

October 17, 2025
edit post
Trump commutes sentence of former Rep. George Santos, who was serving 7 years for fraud and identity theft

Trump commutes sentence of former Rep. George Santos, who was serving 7 years for fraud and identity theft

October 17, 2025
edit post
Florida’s Crypto Bill Gets A Second Life—But Will It Work This Time?

Florida’s Crypto Bill Gets A Second Life—But Will It Work This Time?

October 17, 2025
edit post
How F5 And SonicWall Revealed The Fragility Of The Software Supply Chain

How F5 And SonicWall Revealed The Fragility Of The Software Supply Chain

October 17, 2025
edit post
12 Things That Disappear From Your Life After Divorce

12 Things That Disappear From Your Life After Divorce

October 17, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • JSW Infra: JSW Infra plans Rs 5,500 crore capex push; Q2 PAT down 3.5%
  • High Dividend 50: Stellus Capital
  • Trump commutes sentence of former Rep. George Santos, who was serving 7 years for fraud and identity theft
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.