FBI's Operation Level Up Prevents Cryptocurrency Fraud Losses

According to Odaily, the Federal Bureau of Investigation (FBI) recently announced the success of 'Operation Level Up,' a campaign aimed at preventing millions of dollars in losses from cryptocurrency investment fraud. The initiative identifies individuals at risk of being scammed and intervenes before they incur financial losses. As of January 2025, the FBI has alerted over 4,300 potential victims, helping them avoid approximately $285 million in losses. Launched in 2024, 'Operation Level Up' targets increasingly sophisticated cryptocurrency scams, including those involving fake investment platforms and social engineering tactics.