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Operation Atlantic Seizes $62 Million in Crypto Fraud

4/12/2026

31 3 Full Breakdown

Summary

Story summary

Operation Atlantic disrupted over 62 million CAD in cryptocurrency fraud during a week-long cross-border campaign.
The operation targeted approval phishing and identified over 20,000 wallet addresses linked to victims in more than 30 countries.
Authorities froze 16 million CAD and are investigating an additional 45 million CAD.
Bonnie Lysyk of the Ontario Securities Commission emphasized investor protection and cross-border collaboration.

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Story summary

Operation Atlantic disrupted over 62 million CAD in cryptocurrency fraud during a week-long cross-border campaign.
The operation targeted approval phishing and identified over 20,000 wallet addresses linked to victims in more than 30 countries.
Authorities froze 16 million CAD and are investigating an additional 45 million CAD.
Bonnie Lysyk of the Ontario Securities Commission emphasized investor protection and cross-border collaboration.