Chainalysis has just announced the results of Operation Spincaster, an anti-fraud campaign "approval phishing" that caused $2.7 billion in losses since May 2021. 🌍

- Cooperation campaign with Calgary police, Canada from March 2024.

- Implemented in 6 countries, with 12 public agencies and 17 exchanges.

- Identify more than 7,000 criminal leads, recover assets and prevent fraud.

The campaign has 3 main directions:

1. Raise public awareness.

2. Provide monitoring tools for exchanges.

3. Strengthen law enforcement capacity.

Phil Larratt from Chainalysis: “Exchanges use our tools to check transactions, prevent illegal activity and protect customer assets.”

Be wary of urgent requests and always verify the identity of the person requesting crypto wallet details. “If it's too good to be true, it's probably a scam.”

Comment your opinion on how to protect crypto assets! 💬#CryptoNews#Blockchain #BTC