No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, January 25, 2026
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
5 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

Best Debit Cards for Kids (7 Great Options!)

Related Posts

edit post
Strategist Warns Crypto Echoes 1929 With Bitcoin Driving Downside Risk Debate

Strategist Warns Crypto Echoes 1929 With Bitcoin Driving Downside Risk Debate

by TheAdviserMagazine
January 24, 2026
0

Crypto markets are flashing historic warning signs as 1929-era parallels revive debate over valuation stress and downside risk, with bitcoin...

edit post
Analyst Says You’re Not Bullish Enough On Ethereum, What Does He Mean?

Analyst Says You’re Not Bullish Enough On Ethereum, What Does He Mean?

by TheAdviserMagazine
January 24, 2026
0

A growing number of analysts believe Ethereum’s current price action is being misunderstood. Although frustration is growing due to Ethereum’s...

edit post
Current Tax Policies Are the Biggest Obstacle to BTC Payments: Crypto Exec

Current Tax Policies Are the Biggest Obstacle to BTC Payments: Crypto Exec

by TheAdviserMagazine
January 24, 2026
0

The biggest obstacle to Bitcoin (BTC) being used as a payment method is tax policy, not scaling technology that reduces...

edit post
Will CRO Hit  Before January Ends?

Will CRO Hit $1 Before January Ends?

by TheAdviserMagazine
January 24, 2026
0

Join Our Telegram channel to stay up to date on breaking news coverage The Cronos (CRO) ecosystem has buzzed with...

edit post
Gemini to close NFT marketplace Nifty Gateway as it sharpens focus on super app vision

Gemini to close NFT marketplace Nifty Gateway as it sharpens focus on super app vision

by TheAdviserMagazine
January 24, 2026
0

Gemini is winding down its NFT marketplace Nifty Gateway as it shifts focus toward building a one-stop super app for...

edit post
Grayscale Files Spot BNB ETF Application With US SEC — Report

Grayscale Files Spot BNB ETF Application With US SEC — Report

by TheAdviserMagazine
January 24, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In an interesting development, Grayscale has applied...

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
Most People Buy Mansions But This Virginia Lottery Winner Took the Lump Sum From a 8 Million Jackpot and Bought a Zero-Turn Lawn Mower Instead

Most People Buy Mansions But This Virginia Lottery Winner Took the Lump Sum From a $348 Million Jackpot and Bought a Zero-Turn Lawn Mower Instead

January 10, 2026
edit post
Utility Shutoff Policies Are Changing in Several Midwestern States

Utility Shutoff Policies Are Changing in Several Midwestern States

January 9, 2026
edit post
80-year-old Home Depot rival shuts down location, no bankruptcy

80-year-old Home Depot rival shuts down location, no bankruptcy

January 4, 2026
edit post
Tennessee theater professor reinstated, with 0,000 settlement, after losing his job over a Charlie Kirk-related social media post

Tennessee theater professor reinstated, with $500,000 settlement, after losing his job over a Charlie Kirk-related social media post

January 8, 2026
edit post
Warren Buffett retires on December 31 and leaves behind a manual for a life in investing

Warren Buffett retires on December 31 and leaves behind a manual for a life in investing

December 27, 2025
edit post
Elon Musk Left DOGE… But He Hasn’t Left Washington

Elon Musk Left DOGE… But He Hasn’t Left Washington

January 2, 2026
edit post
After deadly shooting by immigration agents, Texas Dems running for Senate say ‘clean house’ at ICE and ‘take that money back’

After deadly shooting by immigration agents, Texas Dems running for Senate say ‘clean house’ at ICE and ‘take that money back’

0
edit post
Is Inflation Coming Down? 114 Walmart Prices Tell the Story

Is Inflation Coming Down? 114 Walmart Prices Tell the Story

0
edit post
Tipalti laying off dozens of employees

Tipalti laying off dozens of employees

0
edit post
Rates Fall to 5% Range as Big Investor “Ban” Gains Support

Rates Fall to 5% Range as Big Investor “Ban” Gains Support

0
edit post
Random Walk Theory Is Impossible

Random Walk Theory Is Impossible

0
edit post
Analyst Says You’re Not Bullish Enough On Ethereum, What Does He Mean?

Analyst Says You’re Not Bullish Enough On Ethereum, What Does He Mean?

0
edit post
Random Walk Theory Is Impossible

Random Walk Theory Is Impossible

January 25, 2026
edit post
Psychology says people who recharge by being alone instead of socializing have these 10 cognitive advantages

Psychology says people who recharge by being alone instead of socializing have these 10 cognitive advantages

January 24, 2026
edit post
Strategist Warns Crypto Echoes 1929 With Bitcoin Driving Downside Risk Debate

Strategist Warns Crypto Echoes 1929 With Bitcoin Driving Downside Risk Debate

January 24, 2026
edit post
Analyst Says You’re Not Bullish Enough On Ethereum, What Does He Mean?

Analyst Says You’re Not Bullish Enough On Ethereum, What Does He Mean?

January 24, 2026
edit post
US signals possible rollback of 25% tariff on India as Russian oil imports fall

US signals possible rollback of 25% tariff on India as Russian oil imports fall

January 24, 2026
edit post
India-EU FTA likely to cut auto import duties, may spur surge in luxury EV imports

India-EU FTA likely to cut auto import duties, may spur surge in luxury EV imports

January 24, 2026
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

  • Random Walk Theory Is Impossible
  • Psychology says people who recharge by being alone instead of socializing have these 10 cognitive advantages
  • Strategist Warns Crypto Echoes 1929 With Bitcoin Driving Downside Risk Debate
  • 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.