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US, UK and Canada unite for Operation Atlantic to crack down on crypto phishing and approval scams

U.S., U.K. and Canadian agencies launched “Operation Atlantic” to target crypto-related phishing and approval‑phishing schemes [1].

Mar 17, 20266:19 AMNewsroom AI

U.S., U.K. and Canadian law enforcement agencies launched a coordinated effort called “Operation Atlantic” to disrupt cryptocurrency-related phishing and fraud schemes, officials said [1] [2].

Reporting on the initiative states the operation is focused on so‑called approval‑phishing schemes, in which victims are tricked into authorizing crypto transfers as part of investment fraud [2].

Canadian authorities, including the Ontario Securities Commission, confirmed they will participate alongside partner agencies in the international enforcement effort [3].

Operation Atlantic is a cross‑border enforcement push intended to prevent phishing attacks tied to crypto investment fraud by coordinating action among the three countries [1] [2].

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