Global Cybercrime Crackdown: 5,500 Arrests and $400M Seized in Operation HAECHI V Triumph

More than 5,500 financial crime suspects nabbed and $400 million in virtual assets seized in a global crackdown. Operation HAECHI V, targeting cyber frauds like voice phishing and romance scams, highlights the power of international police cooperation.

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Hot Take:

Who knew that love, gambling, and digital currency could make for such a compelling crime drama? In a plot twist worthy of a Hollywood blockbuster, Operation HAECHI V swoops in to remind us that the only thing scarier than losing your heart to a romance scammer is losing your life savings to a voice-phishing syndicate. With 5,500 arrests and $400 million in virtual assets seized, this operation has more action than a James Bond film, though probably fewer martinis.

Key Points:

  • Operation HAECHI V led to over 5,500 arrests worldwide.
  • More than $400 million in virtual assets were seized during the operation.
  • Seven types of cyber fraud were targeted, including voice phishing and romance scams.
  • A voice-phishing syndicate responsible for $1.1 billion in losses was dismantled.
  • Interpol issued a Purple Notice and warned about the “USDT Token Approval Scam.”

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