{"id":71058,"date":"2026-04-13T07:22:25","date_gmt":"2026-04-13T07:22:25","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/binance-joins-nca-led-crypto-fraud-operation\/"},"modified":"2026-04-13T07:22:25","modified_gmt":"2026-04-13T07:22:25","slug":"binance-joins-nca-led-crypto-fraud-operation","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/binance-joins-nca-led-crypto-fraud-operation\/","title":{"rendered":"Binance Joins NCA Led Crypto Fraud Operation"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Binance joined a cross-border fraud operation led by the UK National Crime Agency as authorities targeted approval phishing and crypto investment scams across three countries.<\/p>\n<hr\/>\n<p><em><strong>Good to Know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>Operation Atlantic identified more than 20,000 victims<\/strong><\/em><\/li>\n<li><em><strong>Authorities froze over $12 million in suspected criminal proceeds<\/strong><\/em><\/li>\n<li><em><strong>Binance said none of the frozen funds sat on its platform<\/strong><\/em><\/li>\n<\/ul>\n<hr\/>\n<h2>Binance Joins NCA Scam Operation<\/h2>\n<p>More than 20,000 victims were identified before Operation Atlantic wrapped, making victim protection the clearest result of the week-long push. The operation was co-hosted by the UK National Crime Agency, US Secret Service, Ontario Provincial Police and Ontario Securities Commission, with Binance joining as a private-sector partner.<\/p>\n<p>Binance placed its Special Investigations team at NCA headquarters in London, where staff handled live account screening and scam intelligence during the operation. The company said its team helped identify victims in real time, supported law enforcement outreach, flagged suspected bad actors and found scam websites that were still active.<\/p>\n<p>At the centre of the case were approval phishing scams. In those schemes, criminals trick people into granting wallet access while posing as investment operators. Once permission is given, funds can be drained.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong><strong>Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of up to $2,500<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>The money frozen in the operation was held outside Binance. Binance said no funds were seized or frozen from Binance accounts, even though it provided investigative support tied to asset seizure efforts.<\/p>\n<p><em>\u201cOperation Atlantic is a powerful example of what is possible when international agencies and private industry work side by side,\u201d<\/em> said NCA Deputy Director of Investigations Miles Bonfield. <em>\u201cThis intensive action has led to the safeguarding of thousands of victims in the UK and overseas, stopped criminals in their tracks and helped save others from losing their funds. \u201cWe know that fraudsters operate globally and, together with our international partners, so will the NCA to target them wherever they are based.\u201d<\/em><\/p>\n<p><em>\u201cApproval phishing is one of the most damaging types of scams targeting crypto users today, and Operation Atlantic underscores how effective crime fighting is possible when private and public partners move together to stop fraud at the source,\u201d<\/em> said Binance Senior Regional Advisor for EMEA Flavio Tonon. <em>\u201cThe inherent transparency of the blockchain makes it difficult for criminals to hide for long while exploiting victims. We are proud to have played a meaningful role in protecting thousands of potential victims.\u201d<\/em><\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/cross-border-crypto-scam-operation-gets-binance-support\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Binance joined a cross-border fraud operation led by the UK National Crime Agency as authorities targeted approval phishing and crypto investment scams across three countries. Good to Know Operation Atlantic identified more than 20,000 victims Authorities froze over $12 million in suspected criminal proceeds Binance said [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":71059,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71058"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=71058"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71058\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/71059"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=71058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=71058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=71058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}