*๐โคด๏ธ๐ชAustralian Federal Police๐งโโ๏ธ๐ฉโโ๏ธ๐จโโ๏ธ Targets 2,000 Crypto Wallets*โผ๏ธโ ๏ธ๐ป$BTC $XRP $NOT
The Australian Federal Police (AFP) has launched an investigation into several phishing scams that have compromised around 2,000 crypto wallets belonging to Australian residents ยน. Here's how they plan to tackle the issue:
- *Operation Spincaster*: The AFP has collaborated with Chainalysis, a blockchain data platform, to target criminal cryptocurrency scammers in a global operation known as Operation Spincaster
- *Approval Phishing*: The operation targets criminals using a tactic called 'approval phishing', which has been used to steal over $4 billion in cryptocurrency from unsuspecting victims globally since May 2021
- *Collaboration with Crypto Exchanges*: The AFP has been working closely with several major cryptocurrency exchanges, including BTC Markets, Binance, Crypto.com, Ebonex, Independent Reserve, OKX, SwyftX, and Wayex, to identify Australian victims and prevent ongoing victimization and monetary loss
- *Warnings to Crypto Users*: The AFP has issued warnings to crypto users to verify approval transactions before signing them, avoid signing transactions from untrusted sources, and be skeptical of urgent requests for money or personal information