INTERPOL Operation First Light 2026 Freezes $293M in Crypto Fraud Sweep
The post INTERPOL Operation First Light 2026 Freezes $293M in Crypto Fraud Sweep appeared on BitcoinEthereumNews.com. Crypto News A global INTERPOL operation has exposed how digital assets are being weaponized in cross-border fraud, intercepting roughly $293 million in illicit proceeds. Operation First Light 2026 ran from January 15 to April 30 and targeted social engineering scams alongside the money laundering that sustains them. The coordinated campaign spanned 97 countries and territories, resulted in 5,811 arrests, and froze 31,014 bank accounts tied to fraudulent activity. Investigators identified more than 142,000 victims worldwide and resolved 23,715 cases during the sweep. The scale underscores how quickly online fraud has matured into an industrialized, transnational threat, with much of the value moved and obscured through altcoin networks rather than traditional banking rails. At the center of the Thai findings sat a single wallet that processed more than $122.5 million in