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Coinbase Joins London Joint Operation to Combat West African Fraud Rings

Source
JH Kim

Summary

  • Coinbase said it joined a joint operation with companies and law enforcement agencies to combat fraud rings operating in West Africa.
  • Coinbase CEO Brian Armstrong said the company took part in Joint Disruption Week in London.
  • Multiple companies and law enforcement agencies shared real-time information on West African fraud rings and launched a coordinated response to disrupt their activities.

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Photo: Shutterstock
Photo: Shutterstock

Cryptocurrency exchange Coinbase said it joined a joint operation with companies and law enforcement agencies to combat fraud rings operating in West Africa.

Cointelegraph reported on October 14 that Coinbase Chief Executive Officer Brian Armstrong said the company took part in Joint Disruption Week, held in London.

According to Armstrong, companies and law enforcement agencies at the event shared real-time information on fraud groups operating in West Africa.

Based on the shared information, participating organizations launched a coordinated response to disrupt the groups' activities.

#Crypto Fraud
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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