The Australian Federal Police (AFP) has uncovered over 2,000 Australian-owned crypto wallets that were compromised by foreign scammers. This discovery, part of Operation Spincaster to combat global cybercrime, showcases progress in the fight against crypto-related offenses. The AFP and the Joint Policing Cybercrime Coordination Centre (JPC3) have spearheaded this initiative, collaborating with international agencies to tackle digital fraud. The breached wallets, linked to various crypto exchanges, serve as a warning of the persistent threat posed by hackers. To safeguard against such incidents, users are urged to enhance security measures like robust passwords and two-factor authentication. With rising instances of cryptocurrency scams, law enforcement agencies, including the AFP, are vigilant in protecting individuals and businesses from financial losses. By prioritizing cybersecurity efforts, authorities aim to mitigate risks and ensure a safer digital environment for all. Read more AI-generated news on: https://app.chaingpt.org/news