FBI Launches Operation Riptide to Disrupt $20 Billion Cybercrime Networks

BeInCrypto Editorial

(01:30 PM UTC)

1 min read

The FBI has launched Operation Riptide, a 60-day coordinated offensive targeting the infrastructure, communications, and financial networks behind global cybercrime.

Americans filed more than 1 million complaints last year, reporting over $20 billion in losses from online fraud. That figure marks a 26% increase in a single year.

A Shift From Reaction to Disruption

All 56 FBI field offices and…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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