Operation Atlantic, a UK-led transnational law enforcement operation, has recently made progress. Law enforcement agencies in the US, UK, and Canada have jointly frozen over $12 million in funds related to cryptocurrency scams and identified more than 20,000 victims. The operation, launched in March of this year, was led by the UK's National Crime Agency (NCA) and jointly executed with the US Secret Service, the Ontario Provincial Police, and the Ontario Securities Commission, focusing on combating "approval phishing" scams in the cryptocurrency space. Law enforcement agencies stated that the operation has secured approximately $45 million in losses related to cryptocurrency scams and successfully frozen some of the funds. (Cointelegraph)