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Operation Atlantic: How Public-Private Collaboration Is Freezing Millions in Crypto Scam Proceeds

ID: 7b51174e-7ee4-583c-b827-ec6529329312

STIX ID: report--7b51174e-7ee4-583c-b827-ec6529329312

Feed Name: Chainalysis Blog

Threat Score
70/100

Date Published: 2026-04-09

Date Updated: 2026-04-27

Author: Chainalysis Team

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Operation Atlantic was a week-long, public–private initiative co-hosted by the UK NCA and partners (including the US Secret Service, Ontario authorities, and Chainalysis) to detect and disrupt approval-phishing cryptocurrency scams in real time; the effort identified over 20,000 victims across the UK, Canada, and the US, secured/froze more than $12 million in suspected proceeds, and mapped roughly $45 million in stolen funds while generating investigative leads and supporting victim remediation.

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