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.