The authorities of the U.S., U.K., and Canada have conducted a joint operation focused on dismantling a widespread cryptocurrency fraud network that allegedly caused losses exceeding $45 million. The intervention, called 'Operation Atlantic,' aimed primarily to halt the progress of criminal networks, as well as to track funds and identify victims. According to information released by various involved agencies, including the U.S. Secret Service, the U.K.'s National Crime Agency (NCA), and Canadian police forces, the operation was carried out as a coordinated international action over approximately one week. The main focus of the investigation has been a scam modality known as 'approval phishing,' a type of fraud particularly widespread in the crypto ecosystem. This method involves deceiving victims into granting access permissions to their digital wallets through fake interfaces that simulate legitimate services. Once authorization is granted, the attackers can move the funds without needing further confirmations from the user. Authorities link these types of attacks to broader online fraud schemes, including the well-known investment scams or 'pig butchering,' where criminals psychologically manipulate victims into progressively depositing more funds. More than 20,000 identified victims The operation has led to the identification of more than 20,000 crypto wallet addresses linked to victims distributed across more than 30 countries, including the U.S., U.K., and Canada. The participating agencies have noted that, thanks to collaboration with blockchain analysis companies and industry platforms, they have been able to track the movement of stolen funds and detect patterns used by criminal groups to hide the money. During the operation, authorities managed to freeze approximately $12 million in stolen cryptocurrencies, a portion of the misappropriated funds, which are now under review for possible restitution to the victims. Additionally, another $33 million related to fraudulent activities has been identified and continues under investigation. Security forces have also