No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, December 25, 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
4 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
Why Are Bitcoin And Ethereum Prices Crashing Again?

Why Are Bitcoin And Ethereum Prices Crashing Again?

by TheAdviserMagazine
December 25, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bitcoin and Ethereum prices are crashing...

edit post
Russia’s top stock exchanges plan to launch crypto trading once legal framework is in place

Russia’s top stock exchanges plan to launch crypto trading once legal framework is in place

by TheAdviserMagazine
December 25, 2025
0

Key Takeaways Russia’s two largest exchanges plan to begin offering crypto trading after new rules are approved, reaffirming intentions that...

edit post
Majority Votes Against Token Alignment Proposal as Voting Nears End

Majority Votes Against Token Alignment Proposal as Voting Nears End

by TheAdviserMagazine
December 25, 2025
0

The AAVE token alignment proposal looks unlikely to pass, as the majority of DAO members are against it or chose...

edit post
10 stories that rewired digital finance in 2025

10 stories that rewired digital finance in 2025

by TheAdviserMagazine
December 25, 2025
0

This year opened with Bitcoin (BTC) proponents expecting a clean rally, driven by halving narratives, spot ETF momentum, and a...

edit post
Ethereum’s Vitalik Buterin Defends Prediction Markets, Calling Them ‘Healthier’ Than Stocks

Ethereum’s Vitalik Buterin Defends Prediction Markets, Calling Them ‘Healthier’ Than Stocks

by TheAdviserMagazine
December 25, 2025
0

Exness Broker Review 2025: Regulation, Platforms & Trading Conditions Explained | Finance Magnates Exness Broker Review 2025: Regulation, Platforms &...

edit post
Ethereum Faces Pressure After BlackRock Moves  M In ETH

Ethereum Faces Pressure After BlackRock Moves $29 M In ETH

by TheAdviserMagazine
December 25, 2025
0

Join Our Telegram channel to stay up to date on breaking news coverage The Ethereum price edged up a fraction...

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
How Long is a Last Will and Testament Valid in North Carolina?

How Long is a Last Will and Testament Valid in North Carolina?

December 8, 2025
edit post
In an Ohio Suburb, Sprawl Is Being Transformed Into Walkable Neighborhoods

In an Ohio Suburb, Sprawl Is Being Transformed Into Walkable Neighborhoods

December 14, 2025
edit post
Democrats Insist On Taxing Tips        

Democrats Insist On Taxing Tips        

December 15, 2025
edit post
Detroit Seniors Are Facing Earlier Shutoff Notices This Season

Detroit Seniors Are Facing Earlier Shutoff Notices This Season

December 20, 2025
edit post
Elon Musk adds to his 9 billion fortune after Delaware court awards him  billion pay package

Elon Musk adds to his $679 billion fortune after Delaware court awards him $55 billion pay package

December 20, 2025
edit post
Living Trusts in NC Explained: What You Should Know

Living Trusts in NC Explained: What You Should Know

December 16, 2025
edit post
Israel again bottom of Nation Brands Index

Israel again bottom of Nation Brands Index

0
edit post
Putting the Economics Back in Christmas

Putting the Economics Back in Christmas

0
edit post
Guide to Filing a Business Tax Extension

Guide to Filing a Business Tax Extension

0
edit post
Ethereum Faces Pressure After BlackRock Moves  M In ETH

Ethereum Faces Pressure After BlackRock Moves $29 M In ETH

0
edit post
Older Adults Are Reporting Higher Cable Bills After Holiday Contract Changes

Older Adults Are Reporting Higher Cable Bills After Holiday Contract Changes

0
edit post
Dollar Index Posts 2.75-Month Low But Then Recovers

Dollar Index Posts 2.75-Month Low But Then Recovers

0
edit post
Digital gold rush up roughly 50% even as Sebi flags regulatory risks

Digital gold rush up roughly 50% even as Sebi flags regulatory risks

December 25, 2025
edit post
Keystone obtains NIS 1.75b finance for Egged from Leumi

Keystone obtains NIS 1.75b finance for Egged from Leumi

December 25, 2025
edit post
Elections in Venezuela and Honduras: Two Sides of the Same Coin — Minted in Washington

Elections in Venezuela and Honduras: Two Sides of the Same Coin — Minted in Washington

December 25, 2025
edit post
10 signs a man is deeply unsatisfied with his life, even if he doesn’t realize it

10 signs a man is deeply unsatisfied with his life, even if he doesn’t realize it

December 25, 2025
edit post
Smotrich threatens to double bank tax

Smotrich threatens to double bank tax

December 25, 2025
edit post
Why Are Bitcoin And Ethereum Prices Crashing Again?

Why Are Bitcoin And Ethereum Prices Crashing Again?

December 25, 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

  • Digital gold rush up roughly 50% even as Sebi flags regulatory risks
  • Keystone obtains NIS 1.75b finance for Egged from Leumi
  • Elections in Venezuela and Honduras: Two Sides of the Same Coin — Minted in Washington
  • 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.