Summary
- The US Secret Service reportedly collaborated with Canadian authorities to crack down on Ethereum (ETH) based phishing scams.
- They have identified Ethereum-related fraud activities amounting to approximately $4.3 million.
- The operation was named 'Operation Avalanche' and focused on identifying wallets used in attacks.
The United States Secret Service (USSS) recently collaborated with Canadian authorities to crack down on phishing scams based on the Ethereum (ETH) blockchain, reportedly identifying activities suspected to be related to Ethereum fraud amounting to approximately $4.3 million.
According to The Block, a media outlet specializing in virtual assets (cryptocurrency), the operation was named 'Operation Avalanche' and aimed to identify wallets used in attacks within the Ethereum blockchain.
To this end, the US Secret Service cooperated with the British Columbia Securities Commission in Canada, as well as virtual asset trading platforms and blockchain analysis companies.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
